A retargeting procedure is developed for use as a nonlinear low thrust guidance scheme. The selection of a control program composed of a sequence of inertially fixed thrust-acceleration vectors permits all trajectory computations to be made with closed form expressions, and allows the controls to be represented by constant parameters, thrust-acceleration vectors and thrusting times. By requiring each trajectory to be time optimal, the guidance problem is transformed into a parameter optimization problem which is solved by the conjugate gradient method. The scheme is applied to a low thrust capture mission, and the results of computer simulations are presented.