It reminds me a bit of the Eagle motors logo, too.
http://en.wikipedia.org/wiki/Eagle_(automobile)
I find it funny that, after making umpteen zillion different figures in the old Microman-style body, Mego opted to go diecast mini for Eagle Force. I see what kind of motif they were going for, but Hasbro just had a better feel for the market at the time with their army action figure format. Had Eagle Force figures been made like Joes...well, who knows? I'd bet the EF line would have been a lot more popular back then, though.
It's too bad Mego can't quite re-establish itself well enough to relaunch some of its old brands like EF (and, of course, Micronauts). They need to sell out to Hasbro, and let the Hasbro marketing machine take over.

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