I don't think so.
Per Wikipedia: A bandolier or a bandoleer is a pocketed belt for holding ammunition. It was usually slung sash-style over the shoulder, with the ammunition pockets across the midriff and chest. In its original form, it was common issue to soldiers from the sixteenth to eighteenth centuries, and contained either pre-packed chargers, small containers of wood, metal or cloth containing the measured amount of gunpowder for a single shot with a muzzle-loading muskets or other guns, or early forms of cartridges also containing a ball. It might also carry other accessories for shooting, or grenades. Any bag worn in the same style may also be described as a bandolier bag; equally ammunition holding pocketed belts worn round the waist may also be called bandoliers.
Please see my post #10 that caught my own error.
Incidentally, My Google image search found no “Rambo” images (of Stallone) with any kind of bandolier, and a few showing fake images with ammo belts.