Less than five years after Naval Aviation led the forces that defeated Imperial Japan that very organization was in serious trouble. The force had been drastically reduced and, despite the Korean War, growing sentiment supported by no less than the chairman of the Joint Chiefs argued that the new Air Force could do anything Naval Aviation might be required to do. Meanwhile, the Naval Aviation mishap rate soared. The very survival of Naval Aviation was at stake. It took fifty years to turn this around. Today, in spite of hot wars, cold wars, contingencies, and peacetime operations in support of friends and allies, the Navy and Marine Corps accident rate is at least as good as that of the Air Force, and it approaches that of commercial aviation. "Gear Up, Mishaps Down" explains that this accomplishment was achieved through dedicated and professional leadership, a focus on lessons learned from mishaps and near-mishaps, a willingness to learn from other enterprises, and by better leadership, training, maintenance, supply and more.