Silver Spar Squadron
From Battlestar Wiki, the free, open content Battlestar Galactica encyclopedia and episode guide
Silver Spar Squadron is a Viper squadron stationed on Pegasus and commanded by Cain's daughter Sheba (The Living Legend).
The squadron insignia (a winged silver spar on a red shield) is also the insignia of the battlestar Pegasus herself, and appears on the exteriors of its Vipers (just below the cockpit sill).