The m/43 air combat award silver grade.

The badge was awarded according to a point system, where points were given for achieved results in specific competitions in fighter pilot marksman shooting, air gunner marksman shooting and bomb aiming.

However, these competitions were abolished before the end of WWII, and only about 100 silver badges and 25 gold badges were ever awarded. The badge would supposedly have been awarded for excellent combat skills in "live" air combat action as well, had Sweden been one of the combatants in WWII.
Swedish m/36 pilot wing (silver) for reserve officers
Swedish m/36 pilot wing (gold) for career officers. All badges were manufactured by C. C. Sporrong & Co, Stockholm.
Swedish m/40 observer/bombardier/ navigator wing (gold) for career officers Swedish m/40 observer/bombardier/ navigator wing (silver) for reserve officers
Swedish m/40 air gunner wing
Swedish m/40 radio operator wing
Swedish m/15 Pilot Badge
Swedish Air Force Cap Badge
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