Dusty, I was too.... Program Manager when the PHMs were built by Boeing, pretty good boats but they had some problems with whales between Key West and Cuba.
The squadron of 6 boats was berthed at Truman Annex there. They were most useful in chasing druggies, they could have shot them out of the water with their 76mm guns or even with a Harpoon missile but chose mostly to chase them, round up in front of them and "crash" off the foils, creating a mighty big wall of water which would swamp the bad guys! :cry They had LM2500 gas turbines driving a jet pump with diesels for hull borne propulsion.
Another problem they had was when the skipper forgot he was on foils and landed in less water than the boat drew. It was nearly 30 feet with the foils down. It only happened a couple of times but then the boat looked like a "hootch" on it's stilts.... Lindsays Law* will get you every time!!
Those were the fun days!!
Charlie
*Lindsays Law... "When the draft of your vessel exceeds the depth of the water, you are most assuredly aground!!