Early in the 1990s with the end of the Cold War and the continued decline in military budgets, the Air Force restructured to meet changes in strategic requirements, decreasing personnel, and a smaller infrastructure.
 The 150th Group adopted the new USAF Objective Wing Organization in early 1992, with the word "tactical" being eliminated from its designation and the squadron became the 188th Fighter Squadron.

The 188th flew A-7D's for twenty years before converting to the General Dynamics F-16 Fighting Falcon.
On 11 May 1992 the 188th received its first Block 40 F-16C and their last A-7D left on 28 September 1992, being retired to Davis-Monthan AFB Aerospace Maintenance and Regeneration Center storage.
With this event the A-7D was almost phased out completely as the 188th was one of the last Air National Guard units to fly the venerable aircraft.

However, instead of converting to older F-16A/B models, the squadron received relatively new blo+ck 40 aircraft.
This type had the Low Altitude Night Targeting Infra Red Navigational system (LANTIRN) on board for advanced navigation and targeting by day and night.
 Again, the 188th was the first within the Air National Guard to have this capacity.
On 1 October 150th expanded to become a Wing, and the 188th Fighter Squadron became part of the new 150th Operations Group.
Early in the 1990s with the end of the Cold War and the continued decline in military budgets, the Air Force restructured to meet changes in strategic requirements, decreasing personnel, and a smaller infrastructure.  The 150th Group adopted the new USAF Objective Wing Organization in early 1992, with the word "tactical" being eliminated from its designation and the squadron became the 188th Fighter Squadron.
The 188th flew A-7D's for twenty years before converting to the General Dynamics F-16 Fighting Falcon. On 11 May 1992 the 188th received its first Block 40 F-16C and their last A-7D left on 28 September 1992, being retired to Davis-Monthan AFB Aerospace Maintenance and Regeneration Center storage. With this event the A-7D was almost phased out completely as the 188th was one of the last Air National Guard units to fly the venerable aircraft.
However, instead of converting to older F-16A/B models, the squadron received relatively new blo+ck 40 aircraft. This type had the Low Altitude Night Targeting Infra Red Navigational system (LANTIRN) on board for advanced navigation and targeting by day and night.  Again, the 188th was the first within the Air National Guard to have this capacity. On 1 October 150th expanded to become a Wing, and the 188th Fighter Squadron became part of the new 150th Operations Group.
188th Rescue Squadron