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TeachMeFinance.com - explain squadron squadron 'squadron' is an military term meaning '(DOD) 1. An organization consisting of two or more divisions of ships, or two or more divisions (Navy) or flights of aircraft. It is normally but not necessarily composed of ships or aircraft of the same type'. Previous 5 Terms: spray dome- spreader bar - sprocket sqft squadron_ Next 5 Terms: squadron- squirt - stability operations stabilized patient stable base film_ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.