Not bad, but don't forget the 1-bit green alpha channel.
First I need to get transparcies straight all together, so I get rid of the black/white box around the logo/parts of the logo altogether...
look on the logo of the 226th; I wanted that Scorpion to reach around the Empire logo - and I am still on it to generate that look...
And for the Vasudan one, consider making 226th in Vasudan numerals.
looks pretty wierd, that why I have left it with Terran numbers...
apart from pure "bah"-look of it, it would be easier to recognize the squadron on the field for terran pilots if the number was in standard Terran numbers...