By August 1992, No. 56 (F) Squadron had relocated to RAF Coningsby – having stood down on 31 July – and became the Operational Conversion Unit (OCU) for the Tornado F.3, leaving "the Tigers" as the RAF's last remaining Phantom squadron. Throughout its last year, No. 74 (F) Squadron flew an aerobatic display around the country, sporting colours of both "the Tigers" and "the Firebirds". The Phantom FGR.2 "XT914" was flown by Squadron Leader Archie Liggat and Flt. Lt. Mark "Manners" Manwaring. "The Tigers" held a mini Tiger Meet at RAF Wattisham between 14 and 17 September to mark the Phantom's retirement, inviting the Dutch, French, Portuguese and the USAF among others – British Aerospace Hawk T.1s from No. 4 FTS, which No. 74 (F) Squadron would soon operate, also participated. One of No. 74 (F) Squadron's last acts was to flyover RAF Wattisham in a diamond nine formation before finally disbanding on 1 October 1992. Although disbanded, "the Tigers" made their last Phantom flight on 1 November 1992 with a pair of Phantoms departing Wattisham – with one ("XV474") going to the Imperial War Museum Duxford, Cambridgeshire. RAF Wattisham shortly thereafter began its transition over to the Army Air Corps, becoming Wattisham Airfield in March 1993.