702 Naval Air Squadron is a naval squadron of the Royal Navy's Fleet Air Arm. It is currently based at RNAS Yeovilton in Somerset. It is also the parent unit of the Royal Navy's Black Cats aerobatic Display Team.702 NAS was founded on 15 July 1936 to operate aircraft from the ships of the British 2nd Battle Squadron. Operating Supermarine Walrus and Fairey Seal aircraft from its base at RAF Mount Batten initially, later these were replaced by the Fairey Swordfish float-plane. Granted Squadron status in 1939, and briefly disbanded in 1940, 702 Naval Air Squadron reformed as a Long Range Catapult squadron with Fairey Seafoxes for duty in Armed Merchant Cruisers for much of the Second World War.