This story's been around for a while, but this is the first time I've seen the picture. And I'm sure the story improves with each telling.
Caption--
The car was a '68 Fury and the bow shot is off the USS ENTERPRISE (CVN-65).
In 1979, the "Big E" was departing Subic Bay for a long overhaul (it would be 3 yrs).* The fighter squadron which owned the vehicle was being deployed to the East Coast and would no longer be needing it in the PI.* It was decided to bring it on board and "launch the Alert 5 Dodge".
Our tax dollars at work, folks...