Fighter Squadron 123 (VF-123)

Established as Fighter Squadron EIGHT SEVEN THREE (VF-871) in 1949 and called to active duty on 20 Jul 1950. Redesignated Fighter Squadron ONE TWO THREE (VF-123) “Blue Racers” on 4 Feb 1953, Fighter Squadron FIVE THREE (VF-53) on 15 Apr 1958; Fighter Squadron ONE FORTY THREE (VF-143) (2nd) on 20 Jun 1963.

Grumman F9F-2 Panther, 1953-1954
Grumman F9F-6/8 Cougar, 1954-1958

Insignia (1st version) after VF-871 was redesignated on 18 Feb 1953, slightly modified in 1955.