PHM Pegasus is a ship simulation and action game released for the Commodore 64, Apple II, DOS, Amstrad CPC, and ZX Spectrum.

[1] The developers of the game consulted with Boeing Marine Systems, a manufacturer of hydrofoils, to increase the realism of the simulation.

Another mission involves surveillance where players must navigate within 1500 feet of eight tankers suspected of carrying arms to photograph the vessels.

The second and final mission of the game has the player guarding a supply ship as it makes its way through the Persian Gulf out into the Indian Ocean.

[3] According to Noah Falstein, PHM Pegasus was Lucasfilm Games' biggest-ever hit at the time of its release, and the company's "first 100,000+ seller".