No.
I was in the Navy at that time serving onboard a DDG (i.e., USS Robison DDG 12)
I DO vividly remember this in the news though because we had left the Persian Gulf a few months earlier.
I also remember seeing this Newsweek magazine at the local Navy Exchange and buying a copy:
http://eightiesclub.tripod.com/id344.htm
My husband was on the USS Worden and had just left on WESPAC when this happened, I remember it like yesterday.