From my understanding of military time, 0306 would be "zero
three zero six hours". If it were just 0300, you would say "zero
three hundred hours".
View page
No, there is no such thing as a military alert level known as
condition zero. Though, that military alert level does exist in a
video game known as counter-strike.
View page
You would say zero for the zeros " so 0001 would be zero zero
zero one; or 0015 would be zero zero fifteen and so on. Hope this
helped