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Very good background and detail from Master Horologer.... 
http://www.masterhorologer.com/2012/04/iwc-pilots-watch-chronograph-top-gun.html

Basic Info

Ref. No. IW388002
Movement Automatic
Case material Ceramic
Bracelet material Textile
Caliber
Movement Automatic
Movement/Caliber 89365
Power Reserve (h) 68 hours
No. of Jewels 35
Frequency 28800 A/h
Case
Case material Ceramic
Case diameter 46 mm
Thickness 16.5 mm
Waterproof 6 ATM
Glass Sapphire Glass
Dial Black
Dial numerals Arabic numerals
Bracelet/strap
Bracelet material Textile
Bracelet color Green
Clasp Buckle
Functions
Chronograph, Date, Center Seconds, Small Seconds, Luminescent Numerals, Luminescent Hands, Screw-Down Crown
Comments
The TOP GUN Miramar series is a tribute to the birthplace of the Top Gun legend, the pilots’ school of the US Marines in Miramar, California. The new Miramar chronograph with military-style design is characterized by the metallic tones of the ceramic case and the classic military colours. The unconventional division into an external chapter ring and an inner hour circle is a reference to the deck watches of the 1930s and 40s, and thus the historic legacy of IWC Pilot's Watches. Other features inlcude a flyback function and protection against magnetic fields. The design of the new Pilot’s Watch Chronograph TOP GUN Miramar is characterized by the metallic tone of the ceramic case and the matte anthracite of the dial. Typical colours, such as beige, grey and green, underscore the military-style design. The bracelet is a direct reference to the extremely tough belts typically used by military air personnel. The unusual division into an external chapter ring and an inner hour circle is reminiscent of the deck watches typical of the 1930s and 40s, and, by extension, the historical legacy of IWC Pilot’s Watches. The DNA is repeated in The design of the date display, which bears a direct resemblance to the altimeter in a cockpit. Thanks to the integrated flyback function, depressing the reset button returns the running stopwatch hand to zero and immediately starts recording another measurement of time. The watch also owes its convenient 68-hour power reserve to further development of the IWC-manufactured 89365 calibre. A soft-iron inner case protects the precision movement against magnetism. - Case: * Metallic black/grey ceramic case. * Titanium case back - with the TOP GUN insignia. * Titanium crown & chronograph buttons. * The combination of materials make the relatively light for its size, extremely durable & skin-friendly. [list][/list]- Dial: * Matte anthracite grey finish. * Red hour chapter. * Bold off-white painted Arabic Numeral & Index * Black rimmed hands with off-white luminous fill. * Slightly recessed sub-dials. - Chronograph/Stopwatch function: * "Flyback" Function whichallows instant restarting of the chronograph with a single push of the button instead of the need to stop, reset & then restart the stopwatch. * Large central hand seconds counterwith luminous tip & a red counterweight which resembles the silhouette of a jet. * 60 minute sub-dial counter located at the 12 o'clock position. - Elongated date window located at the3 o'clock position - Small seconds sub-dial located at the 6 o'clock position. - IWC in-house Caliber 89365, beats at28,800 vph, contains 35 Jewels & has an impressive power reserve of approximately 68 hours. - Features an inner soft iron case for additional protection against magnetic fields. Also known as: IWC IW388002, IW3880-02, 388002, 3880-02

$7,500

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IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002
IWC Pilots Chrono Top Gun Miramar IW388002