The team compiled a 9–1–1 record (4–0–1 against conference opponents), tied with Texas Tech for the conference championship, lost its only game to the Second Air Force Bombers in the 1943 Sun Bowl, and outscored all opponents by a total of 254 to 71.
Woodson went into the United States Navy at the end of the regular season, and assistant coach Clark Jarnagin took over as interim head coach for the Sun Bowl game.
Backs Rudy Mobley and Camp Wilson led the team on offense.
Mobley led the country and set a new NCAA single-season record with 1,281 rushing yards in 10 regular season games.
56 (out of 590 college and military teams) in the final rankings under the Litkenhous Difference by Score System for 1942.