The mathematical difference between a 2MOA shooter with a .5MOA rifle/ammo versus a 2MOA shooter with a 1MOA rifle/ammo are negligible - smaller than SR sight adjustments and smaller than the best wind reader's capability.
In SR it's all about the shooter, not the rifle or ammo.
If the slingshot is one issued to the US military at some point in history, then sure, bring it on.A slingshot and a rock?
The AMU contracted Atlanta Arms and then Black Hills to load their short line ammo to their specs. 77 Sierras, LC brass, but other than that I have no idea on components. At least as of a few years ago.
The Marine Corps also uses 77 Sierras, although moly coated. WCC brass.