The Panama Fighter first saw service in 1986 in Panama and Grenada, “Operation Just Cause” the Tenth Mtn Div. secured the tiny island of Grenada. Woodland camo and subdued insignia were the fashion. Since then, the Panama Fighter has been a silent companion in numerous actions over its nearly 30-year career. Time to retire? No way! The PF-5 has changed very little from the original. Steels and sheaths have progressed over the years. New CPM stainless steels push the alloy and performance envelope to ever higher limits. The 21st century Panama is armed with a truly 21st-century steel. CPM S35VN is a very tough stainless with a fine aggressive edge resists corrosion and keeps cutting and cutting and cutting…., and it comes in the latest military fashion colors. Kydex-Cordura sheaths in ACU or MARPAT digital camo Green or Tan canvas micarta handles, bead blast finish. Of course, they’re still available in Black Linen Micarta with black Cordura and O.D. and even satin finishes. Some things change – some things don’t.