Air station spokesman Harry White says the condition of the pilots wasn't immediately known Monday, the day of the crash.
He says the two-seat U.S. Navy T-45C Goshawk crashed at the end of a runway while it was landing.
The Navy wasn't immediately naming the pilots.
White said the cause of the crash is under investigation.
Hundreds of Navy flight students earn their Naval flight wings at Naval Air Station Pensacola each year.