The newly formed unit began operations with two officers, 108 enlisted men and two aircraft, a North American BC-1A (like the AT-6) and a Douglas O-46A.
After the Japanese attack on Pearl Harbor, flew antisubmarine patrols along the Pacific Coast from airfields in Oregon and Washington, later becoming part of the air defense forces of Southern California.
It was organized at Portland Municipal Airport, Oregon, and was extended federal recognition on 26 June 1946 by the National Guard Bureau.
However, Air Defense Command was experiencing difficulty under the existing wing base organizational structure in deploying its fighter squadrons to best advantage.
[5] The squadron conducted air interception training missions with its F-51s until June 1952 when it was re-equipped with the North American F-86F Sabre daylight interceptor.
[6] On 1 November 1952, the 123rd was released back to the Oregon ANG and its personnel, mission and equipment were absorbed by the newly activated 357th Fighter-Interceptor Squadron.
In William Tell 1976, the 142nd garnered first place in the F-101 category and Lt. Col. Don Tonole and Maj. Brad Newell captured the overall "Top Gun" title flying the McDonnell F-101B Voodoo.
Success came again at William Tell 1984 when the unit placed first in the F-4 category flying the McDonnell-Douglas F-4C Phantom II and beat many of its McDonnell F-15 Eagle and Convair F-106 Delta Dart rivals in the overall competition.
The wing participated in a wide variety of expeditionary and humanitarian assistance missions in the turbulent post-Cold War environment while providing air defense of the Pacific Northwest.
Wing personnel deployed on various other missions, sending medical troops to Belize, civil engineers to Macedonia, and to such places around the globe as Curaçao, Denmark, Germany, Guam, Kuwait, Spain and the United Kingdom.
In the 50th Year of William Tell Anniversary Competition held in 2004, the 142d Fighter Wing was rated first in maintenance, element attack and gun categories.
These William Tell successes demonstrate Oregon's long history of excellent performance and readiness to accomplish the real world mission.
In 2004, unit personnel provided humanitarian aid in the wake of Hurricanes Katrina and Rita and the 2007 floods in Vernonia, Oregon.