Panerai has officially expanded its military narrative with two Submersible models that for the first time specifically honor the Aviazione Navale, the aviation branch of the Italian Navy. The PAM01697 (steel + ceramic insert) and PAM01698 (Carbotech) feature a 44-mm case, 300-meter water resistance, a “radar” small seconds at 9 o’clock, gray markers with Super-LumiNova X2, and house the proven P.900 caliber with a 72-hour power reserve. Prices: $12,500 (steel) and $19,500 (Carbotech). These are the Panerai Submersible Marina Militare “Aviazione Navale”.