Here is the full list of all 14 Strike Squadron: Caracará achievements.
Shotdown 25 enemies
Shotdown 5 enemies
Shotdown 100 enemies
Joined the squadron at the Beacon
Defeated the Stray Dogs
Located Red Tide base
Destroyed the minelayer
Recon under heavy fire
Defended Tartarus City
Defeated Red Tide
Gain Key's trust
Gain Vendetta's trust
Gain Bushfire's trust
Find every piece of the puzzle of what is going on