This pennants is also called the golden anchor award. pennant recognizes ships, aircraft squadrons, shore commands and other units and organizations for achieving high levels of personnel retention--getting sailors to reenlist and stay in the Navy at the end of their first, second, and later terms of enlistment. It is awarded by the two fleet commanders in chief as well as by the commanders of other major commands.
Pennant is finished with rope with snap hook and d-ring.
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