Flying Douglas A-20 Havoc bombers out of Hunter Field, Savannah, Georgia, the squadron briefly flew antisubmarine patrols, from March to April 1942, before resuming aircrew training.

However, in August 1943 the unit was redesignated as the 492nd Fighter-Bomber Squadron, moving to William Northern Army Air Field, Tennessee, and switching to Bell P-39 Airacobra and Curtiss P-40 Warhawks.

The 492nd took part in the Normandy invasion that began on 6 June 1944, dropping bombs on bridges and gun positions, attacking rail lines and trains, and providing visual reconnaissance reports.

The 492nd also frequently deployed for training at Wheelus Air Base, Libya, until 1969, when Muammar Gaddafi, who had recently taken power, asked the United States to leave the country.

Almost immediately after changing aircraft, the squadron began a series of monthly exercises and deployments that took the Liberty Wing to Italy, Iran, Greece, and Pakistan.

On night of 14/15 April 1986, the 492nd TFS and the est of the 48th TFW participated in Operation El Dorado Canyon, the air raid on Tripoli, Libya, as a response to the West Berlin discotheque bombing.

The 492nd deployed with their F-111Fs to Taif Air Base, Saudi Arabia, as part of Operation Desert Shield on 2 September 1990, in response to Saddam Hussein's Iraqi invasion of Kuwait.

From Taif Air Base, the unit launched strikes on Iraq as part of Operation Desert Storm between January and February 1991.

[8] Redesignated as the 492nd Fighter Squadron (492nd FS) on 1 October 1991, the Bolars switched aircraft again, exchanging the F-111Fs for the McDonnell Douglas F-15E Strike Eagle in early February 1992.

During the three-day summit, the 492nd flew three air patrols over Bucharest in addition to the alerts, and further protected President George W. Bush during his trip to Croatia.

[3] The Bolars participated in a short deployment to Incirlik Air Base, Turkey in November 2015 in support of Operation Inherent Resolve (OIR).

[2] Over the course of the deployment, the 492nd flew over 2,000 missions, delivered over 4,000 precision munitions across 11,000 combat flying hours and achieved two air-to-air kills against enemy aircraft.