Technically you could have mixed squadrons since each individual fighter can be connected to the pegs.
For Example an X-wing and Y-wing Squadron put together:
They have the escort key word so if another squadron without escort is in range they have to be fired at first,
however, they also have the heavy keyword so squadrons they engaged can disengage from the fight.
The Max health is the lowest HP of whatever unit is in the squad.
The squadron can only move as fast as the slowest unit in the squadron.
Something like that, I just wanted to see what everyone else thought about it.