794 Naval Air Squadron was a Naval Air Squadron of the Royal Navy's Fleet Air Arm which disbanded in March 1947. The squadron formed as an Air Target Towing Squadron, at HMS Heron, RNAS Yeovilton, during August 1940, although operated target tug aircraft out of the satellite, RNAS Haldon. In April 1943 it provided a detachment at RAF Warmwell as an air firing unit and three months later the squadron relocated to RNAS Angle and became the Naval Air Firing Unit. Further moves followed in quick succession, to HMS Goldcrest, RNAS Dale, in September, HMS Dipper, RNAS Henstridge, in November and HMS Heron II, RNAS Charlton Horethorne in December and by which time the squadron was designated No. 1 Naval Air Firing Unit, but disbanded in June 1944. The squadron reformed at HMS Vulture, RNAS St Merryn, in January 1945, as the School of Air Firing and later in the year was tasked to support the newly-formed Ground Attack School. It moved to HMS Gannet, RNAS Eglinton, during August, and at this point had three flights providing courses for aerial warfare, airstrike and aerial reconnaissance.

Royal Naval Air Station Yeovilton, commonly referred to as RNAS Yeovilton, is a military airbase of the Royal Navy, sited a few miles north of Yeovil, in the English county of Somerset. It is one of two active Fleet Air Arm bases, the other being RNAS Culdrose. RNAS Yeovilton is currently home to the Royal Navy Wildcat HMA2, along with Army Air Corps Wildcat AH1 helicopters, as well as the Royal Navy's Commando Helicopter Force Merlin HCi3/4/4A and Wildcat AH1 helicopters.