The President of the United States of America takes pleasure in presenting the Navy Cross to Lieutenant, Junior Grade [then Ensign] John Franklin Caffey, United States Naval Reserve, for extraordinary heroism in operations against the enemy while serving as Pilot of a carrier-based Navy Dive Bomber in Bombing Squadron SIXTEEN (VB-16), attached to the U.S.S. LEXINGTON (CV-16), in action against enemy Japanese forces in the First Battle of the Philippine Sea on 20 June 1944. Participating in a long-range attack on major units of the Japanese Fleet, Lieutenant, Junior Grade, Caffey skillfully maneuvered his plane to evade determined fighter opposition and intense enemy anti-aircraft fire in the ensuing action and assisted essentially in the sinking of a large enemy aircraft carrier, and the probable sinking of another large carrier and in shooting down two enemy fighter planes. Upon fulfillment of the critical mission, Lieutenant, Junior Grade, Caffey succeeded in completing the long return flight to base and in effecting a safe night landing aboard the LEXINGTON. His cool courage, skilled airmanship and devotion to duty throughout this decisive action reflect the highest credit upon Lieutenant, Junior Grade, Caffey and the United States Naval Service.