I put reactivated USMC reservist flying refurbished 12xF-4Ss in Panama in a composite squadron along with 4xC-130s and another 8xA-7Es flown by naval reservists.
I don't think you'ld have a full squadron of active duty 18xA-10s, but more like an 8 ship deployment of ANG or USAFR A-10s. Maybe a detachment of early 6xF-16As or reactivated A-7Ds as well. Everything organized to a composite wing.
Likely you'ld have at least one AC-130.
Never forget, Davis-Montham is being stripped of airframes as fast as they can be refurbished and put back in the air. Panama, being the relative backwater it would be, probably gets those aircraft.
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