SAN DIEGO -- A military jet crashed Monday in the waters 2 miles off the San Diego coast, 10News reported.

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Military Jet Crash Caught On Home Video Witnesses Describe Jet Crash Sky10 Above Crash Scene

Lifeguards reportedly saw the aircraft plunge into the water around 11 a.m. One man visiting Cabrillo National Monument in Point Loma was videotaping and caught the jet crashing into the water. Click here to watch the home video.

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F-14 CRASH Images: Rescue Effort

Two pilots safely ejected from the F-14D Tomcat from Fighter Squadron 31, based at Naval Air Station Ocean, Va., when it experienced engine trouble.

The aircraft was diverted to land at Naval Air Station North Island, but crashed en route.

A private boat promptly plucked the pilots from the water and then they were transferred to a Navy boat. They were then taken to the Naval Air Station North Island Medical Clinic for evaluation.

"I can confirm the pilots are on board the Navy vessel and in good shape and spirits," lifeguard Lt. John Greenhalgh said.

The pilots were flying on a routine training mission launched from the aircraft carrier USS John C. Stennis.

The Navy and Coast Guard set up a safety zone around the crash site to keep other vessels from entering the area while authorities investigate the crash.

Navy officials say that there is the potential that the public could encounter aircraft debris that may be found floating offshore or wash onto local beaches. If you find wreckage, call the AIRPAC Duty Office at (619) 545-2017.

The F-14D Tomcat has been a familiar sight over San Diego for 30 years.

It's a $40 million aircraft that has been in the Navy fleet since 1970.

Most people are familiar with the F-14D as the jet flown by Tom Cruise in the movie "Top Gun."

In the 1990s, the F-14D was criticized because of a relatively large number of crashes.

The Navy is phasing the aircraft out and replacing it with FA-18s. They plan to have all F-14Ds out of the fleet by 2007.