I think this was in reference to the *incredible* MIT pistol team. They have beaten the "Army, Navy, Coast Guard, and Merchant Marine Academies" several times now, for the national pistol championship. Here's the article if you want to see it.
http://www-tech.mit.edu/V127/N14/pistol.html
However, I'd wager that if you snagged a random graduating MIT student and a random graduating West Point student, the West Point student would win.
Just thought I'd bring up one other awesome thing about MIT. Apparently it has the 3rd largest tunnel system in the world, after the Pentagon and the Kremlin, or so I've heard.