Gyroscopes are effective navigational instruments due to their ability to maintain a constant rotational axis, allowing for tracking of relative movement without external references like GPS. Their design, particularly when counterweighted, enables them to align with the Earth's axis, enhancing navigation accuracy. This principle is utilized in various applications, including ICBMs and tanks, where precise orientation is crucial. Bicycle wheels also function as gyroscopes, providing stability while riding. Overall, gyroscopes play a vital role in inertial navigation systems by leveraging their inherent properties.