VMF-314 was recommissioned in 1952 at MCAS Miami, Florida and was assigned to Marine Aircraft Group 31 (MAG-31), 3rd Marine Aircraft Wing flying the latest version of the Corsair.
That same year, the squadron transitioned to the new F9F Panther.
The next three years saw VMF-314 deployed twice, first to Roosevelt Roads, Puerto Rico, and then to Naval Air Facility Atsugi, Japan for an 18-month tour.
VMF-314 earned the Korean Service Medal for operations conducted between September 11, 1953 and July 27, 1954.
 In 1955, VMF-314 returned from Japan and was assigned to Marine Aircraft Group 15, 3rd MAW, now stationed at Marine Corps Air Station El Toro, California.

In 1957, the squadron received the new F4D Skyray and was designated VMF(AW)-314.
During that same year, the squadron officially became the "Black Knights", was awarded the Commandant’s Aviation Efficiency Trophy.
 They were briefly deployed to NAF Atsugi, Japan and then throughout the Far East both on land, including Ping-tung, Taiwan in support of the Republic of China against the communist China, as well as on board the fast attack carriers USS Hancock and USS Ticonderoga.

In 1961, the squadron became the first Marine squadron to transition to the new F-4B Phantom II and was designated VMFA-314.
Between 1961 and 1964, the squadron deployed eight times.
These included three separate carrier deployments and a single-flight aerial refueling mission spanning the Pacific Ocean from MCAS El Toro to Naval Air Station Atsugi, Japan.
VMF-314 was recommissioned in 1952 at MCAS Miami, Florida and was assigned to Marine Aircraft Group 31 (MAG-31), 3rd Marine Aircraft Wing flying the latest version of the Corsair. That same year, the squadron transitioned to the new F9F Panther. The next three years saw VMF-314 deployed twice, first to Roosevelt Roads, Puerto Rico, and then to Naval Air Facility Atsugi, Japan for an 18-month tour. VMF-314 earned the Korean Service Medal for operations conducted between September 11, 1953 and July 27, 1954.  In 1955, VMF-314 returned from Japan and was assigned to Marine Aircraft Group 15, 3rd MAW, now stationed at Marine Corps Air Station El Toro, California.
In 1957, the squadron received the new F4D Skyray and was designated VMF(AW)-314. During that same year, the squadron officially became the "Black Knights", was awarded the Commandant’s Aviation Efficiency Trophy.  They were briefly deployed to NAF Atsugi, Japan and then throughout the Far East both on land, including Ping-tung, Taiwan in support of the Republic of China against the communist China, as well as on board the fast attack carriers USS Hancock and USS Ticonderoga.
In 1961, the squadron became the first Marine squadron to transition to the new F-4B Phantom II and was designated VMFA-314. Between 1961 and 1964, the squadron deployed eight times. These included three separate carrier deployments and a single-flight aerial refueling mission spanning the Pacific Ocean from MCAS El Toro to Naval Air Station Atsugi, Japan.
VMFA-314