Valuable cargo — cargo which may be of value during a later stage of the war. Personally, I like to think my son is included in this definition.
Very high - a height above fifty thousand feet. Yep, that's very high.
Very low - a height below five hundred feet. Doesn't seem that low to me, unless it refers to actually flying that low.
Veteran - a person who has served or is serving in the armed forces. Those veterans who have had direct exposure to military conflict may also be referred to as war veterans.
Voice in the Sky – military base announcements broadcast over speakers.
Voluntold – an assignment that is technically voluntary but understood to be mandatory. My son tells me frequently about his voluntold assignments.