If you want to look at aircraft for Panama look at things like A-37's - they are a perfect match for that area and actually were the last place the US had them on active duty - with the Cold War going longer they may have stayed there
- but I agree you would need some kind of air superiority fighters there - but they might be survivors from earlier in the war that are still operational - i.e. the last three F-4's out of a group of fifteen or something like that
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