This Day in Naval History - July 03
1898 - At Battle of Santiago, Cuba, Rear Adm. Sampson's squadron destroys Spanish fleet.
1950 - USS Valley Forge (CV 45) and HMS Triumph participate in first carrier action of Korean Conflict. VF-51 aircraft () shoot down two North Korean aircraft. The action is first combat test of F9F Panther and AD Skyraider.