Insignia of Patrol Squadron 10 (VP-10) "Red Lancers" of the United States Navy. It is presumed the insignia was approved for the date of the squadron's establishment on 19 March 1951.
U.S. Navy
Official U.S. Navy badge <a rel="nofollow" class="external autonumber" href="http://www.public.navy.mil/airfor/vp10/PublishingImages/Bomber.jpg">[1]</a> from the <a rel="nofollow" class="external text" href="http://www.public.navy.mil/airfor/vp10/Pages/default.aspx">VP-10 website</a>