Mercenaries

Dragonslayers

The Dragonslayers: Blood Vengence

Forsaking camouflage, the Dragonslayers use a red and white paint scheme on their `Mechs and aerospace fighters.

Per FM: Merc (revised), page 65.

Other references:
Tarantula, FM: Mercenaries Revised (plate 7)

Color Scheme
Insignia

Their insignia is a mounted knight driving his lance into the chest of a rearing dragon. That the dragon just happens to resemble the crest of House Kurita is dismissed by Dragonslayers as a coincidence. Per FM:Mercenaries Revised, page 65.