Insignia of the U.S. Navy Patrol Squadron 18 (VP-18) "Flying Phantoms", approved on 28 April 1954. In 1961, the colours of the insignia were modified to: patch border, blue; lance, gold.
U.S. Navy
Official U.S. Navy photo from the <a href="https://en.wikipedia.org/wiki/Dictionary_of_American_Naval_Aviation_Squadrons" class="extiw" title="en:Dictionary of American Naval Aviation Squadrons">en:Dictionary of American Naval Aviation Squadrons</a>, <a rel="nofollow" class="external text" href="http://www.history.navy.mil/research/histories/naval-aviation-history/dictionary-of-american-naval-aviation-squadrons-volume-2/chapter-3-patrol-squadron-vp-histories-3rd-vp-18-to-1st-vp-22.html">Chapter 3 Patrol Squadron (VP) Histories (3rd VP-18 to 1st VP-22)</a>, p. 104 and <a rel="nofollow" class="external autonumber" href="http://www.military-graphics.com/VP-18.png">[1]</a>, from the U.S. Navy <a rel="nofollow" class="external text" href="http://www.history.navy.mil">Naval History and Heritage Command</a>