207 Squadron will again reform to become the Operational Conversion Unit for the UK F-35B Lightning Force and will return to RAF Marham in Norfolk where it was last based in 1965.

However, it is noteworthy that an earlier contingent of the Squadron had previously formed in Kondoa Irangi, Tanganyika, in May 1916, flying Aéroplanes Voisins and Royal Aircraft Factory B.E.2cs for seven months on reconnaissance and bombing duties until disbanding there in January 1917, thus leaving the component in France to endure thereafter.

[15] In April of that year it re-equipped with Handley Page O/100s, using them for night raids, including attacks against rail targets and ammunition dumps during the Second Battle of Ypres.

207 Squadron RAF, moving back to Netheravon in England for complete re-equipping with the more advanced version of the O/100, the Handley Page O/400, returning to France in July as part of No.

[2] Its Airco DH.9As saw service in Turkey in 1922, when it was deployed to Constantinople under the command of Arthur Tedder as part of the British intervention in the Greco-Turkish War (1919–1922); the Squadron returned to England in September 1923.

The Gordon's Armstrong Siddeley Panther engine proved unreliable in desert conditions, however, and they were replaced with Vickers Vincents.

At RAF Waddington, the squadron's crews were assigned the task of introducing the ill-fated Avro Manchester into service.

The squadron relocated to RAF Langar on 21 September, owing to the Bottesford runway surface breaking up and needing urgent repairs.

[21] After moving to RAF Mildenhall in 1949 and briefly replacing the Lancaster with the Avro Lincoln, the Squadron was disbanded on 1 March 1950.

207 Squadron deployed to RAF Luqa, Malta, to take part in the Suez Campaign,[22] flying 11 sorties over Egypt between October and November.

207 Squadron was once more disbanded on retirement of the remaining Devons on 30 June 1984,[25] VP952 ending up at the RAF Museum St Athan.

207 Squadron arrived at RAF Marham from MCAS Beaufort on 16 July 2019 with six Lockheed Martin F-35B Lightnings (ZM137, ZM139, ZM149, ZM150, ZM151 and ZM152) shortly before its reformation date of 1 August.

207 Squadron became the first UK unit in a decade to operate jets in home waters from a British carrier – flying from HMS Queen Elizabeth.

[34] On 17 November 2021 a Royal Air Force F-35B, identified as ZM152, crashed during routine operations from HMS Queen Elizabeth.

[36][37] The wreckage, which had broken into multiple pieces, including all security sensitive equipment, was largely recovered with the assistance of U.S. and Italian forces.