The President of the United States of America takes pride in presenting the Silver Star (Posthumously) to First Lieutenant William Lee Peters, Jr. (MCSN: 0-102208), United States Marine Corps Reserve, for conspicuous gallantry and intrepidity in action while serving with Marine Medium Helicopter Squadron 165 (HMM-165), FIRST Marine Aircraft Wing, in connection with combat operations against the enemy in the Republic of Vietnam. On 8 June 1969, First Lieutenant Peters launched as Wingman in a flight of two CH-46 transport helicopters assigned to extract a reconnaissance team that was heavily engaged with a numerically superior hostile force approximately eighteen miles from DaNang. Arriving over the designated area, he located the team in a bomb crater on the side of a ridge, surrounded by eighty-foot trees. While supporting Marine gunships provided suppressive fire, the lead aircraft attempted to approach the pick-up zone to lower a hoist, but the pilot was forced to abort the mission and return to DaNang when his helicopter sustained severe damage from enemy fire. After escorting his flight leader back to DaNang and equipping his own aircraft with an extraction ladder, First Lieutenant Peters returned to the team’s position. With complete disregard for his own safety, he fearlessly maneuvered his aircraft into the pick-up zone, and ignoring the intense hostile fire directed at his helicopter, maintained a hover at an altitude of one hundred feet while the reconnaissance team members climbed aboard. Although his aircraft sustained several hits, wounding one of his crew members, First Lieutenant Peters steadfastly remained in his hazardous position until all the Marines had safely embarked. Then, while still under fire, he skillfully departed the area and transported the team members to safety. His superior airmanship and resolute determination inspired all who observed him and were instrumental in the safe extraction of the Marines. By his courage, superb aeronautical ability and unwavering devotion to duty in the face of great personal danger, First Lieutenant Peters upheld the highest traditions of the Marine Corps and of the United States Naval Service.