1 November 1970: VP-92 was established at NAS South Weymouth, Massachusetts, as a naval air reserve land-based patrol squadron flying 12 Lockheed SP-2H Neptunes. The new squadron came under the operational and administrative control of Commander Naval Air Reserve Force and Commander Fleet Air Reserve Wings, Atlantic. VP-92 was established as a result of a major reorganization of Naval Air Reserve that took place in mid-1970. Under the Reserve Force Squadron concept 12 land-based naval reserve patrol squadrons were formed and structured along the lines of regular Navy squadrons with nearly identical organization and manning levels. The 12/2/1 concept had 12 VP squadrons under two commands, COMFAIRESWINGLANT and COMFAIRESWINGPAC. These two commands came under the control of one central authority, Commander Naval Air Reserve.
October 1973: During the Yom Kippur War one VP-92 aircraft was called upon to transport priority parts for A-4 aircraft to the Israeli Air Force. Task Forces 60.1, 60.2, 61 and 62 were placed on full alert for possible evacuation contingencies in the Middle East. On 19 October 1973, 50 A-4 aircraft were flown from the U.S. to Israel to replace heavy losses from ground-to-air missiles.
26 January–24 February 1991: VP-92 became the first reserve patrol squadron to assume all operational commitments at NAS Bermuda rather than just an augment squadron. The change in responsibilities came about as a direct result of the reduced Soviet presence in the North Atlantic, and the reassignment of active duty assets to more critical areas. Seven reserve patrol squadrons trained throughout the year at the naval air station. The squadrons assumed full control from the regular Navy patrol squadrons, including all aspects of supply, maintenance, routine patrol responsibilities and ready alert standby.
17 July–29 August 1993: VP-92 provided four aircrews and a maintenance detachment in support of Adriatic Sea embargo flights for Operation Maritime Guard against the former Republic of Yugoslavia. These were armed flights carrying Rockeye cluster bombs, Harpoon anti-ship missiles and the first highly successful deployment of the Remote Imaging Transmission System. The missions were flown in support of UN operations to enforce the cease-fire between warring factions of Bosnia, Serbia and Croatia, and to prevent outside factions from providing resupply by sea.
8 June 1996: VP-92 relocated with more than 1,000 Naval Reservists from NAS South Weymouth, to NAS Brunswick, Maine following the disestablishment of the NAS South Weymouth facility.