The 525th was flying the F-84 Thunderjet back when this patch was worn by squadron commander Lt.Col Albert Lane, 1951-52. Sadly, Lane lost his life piloting a T-33 in 1954.
Never mind what the sign says, this is a two-seater of the 318th Fighter Interceptor Squadron. This aircraft, 59-0151 has a long life ahead, but it will end as an aerial target.