The 338th Bombardment Group is a disbanded United States Air Force unit. It was last active with Continental Air Command at O'Hare International Airport, Illinois on 27 June 1949. It was first activated during World War II as the 338th Fighter Group and served primarily as a training unit until it was disbanded in 1944. The group was reconstituted in the reserves in 1947, but was inactivated when military spending was reduced in 1949.