The Walter "Waddy" Young Squadron of Arnold Air Society strives to build outstanding airmen and civilians, who understand the importance of air power, while providing service to the community. The squadron is based at the University of Oklahoma and is composed of cadets from Air Force ROTC Detachment 675.

Capt. Walter R. "Waddy" Young was the first Oklahoman to be named am All-American football player. In 1939, he was drafted by the Brooklyn Dodgers and played until 1940. After joining the Army Air Corps, Capt. Young was assigned to pilot a B-29 Superfortress. His plane was known as "Waddy's Wagon." In the first B-29 raid on Tokyo, on 9 January 1945, Capt Young and his crew were killed in a plane crash in Tokyo.