u/Turbo-Set-181716

Hello all - this is my first post so I hope I’m in the right spot. I stumbled across this piece in a vintage watch and clock repair shop in Italy. The man spoke no English, but through Google Translate he shared the following:

• Believed to be from the 1950s
• The person who brought it in suggested it was a gift for Air Force officers after illustrious careers (unclear which country’s Air Force)
• Valjoux 69 movement
• Chronograph and time-keeping work perfectly well
• Everything appears to be original

I sent images to Baume et Mercier and they were unable to identify this particular watch, which they said is common for pieces this old. I have no information on this, can’t find anything that looks like it online, and would LOVE any help learning anything I can about this watch. Thank you!