The military time 16:29 is 4:29 PM in civilian time! The first hour in military time is always "00."
Military Time is based on a 24 hour clock, and is a method of keeping hours in which the day runs from midnight to midnight and is divided into 24 hour increments.
It is the most commonly used interval notation in the world.
When keeping hours in this fashion, the day starts at midnight and is written as 00:00. The last minute of the day is written as 23:59, or one minute before the next midnight. Sometimes you may see 00:00 written as 24:00. Both are acceptable.
Here's how to quickly convert standard time to military time from Lifehacker.com.