Jefferson Davis, as Commander in Chief of the Confederacy was
also the Commander of the Confederate Navy, but he didn't lead any
Naval squadron.
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Squadron is a military unit; an operational unit in an air force
consisting of two or more flights of aircraft and the personnel
required to fly them; principal division of an armored or cavalry
regiment, consisting of two or more troops.
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In reality nothing. But technically a naval station is on the
water with ships, but a navy base is any navy base. Including a
naval air station which can be anywhere but specialized in air
based defense.