What is the origin of the idiom "panic stations" and when to use it?

The origin of the phrase "panic stations" can be traced back to naval operations and the use of signaling systems on ships. In the past, ships used a system of bells and signals to communicate important messages to the crew. It is often employed to depict high-pressure scenarios where individuals or groups find themselves in critical or dangerous circumstances. The phrase is also commonly used in sports and competitive events to describe intense moments where teams or individuals must act decisively to turn the tide in their favor.