The ceremony commenced with the customary illumination of the oil lamp as well as the observation of two minutes of silence. The SLAF Dancing Troupe presented a variety of cultural acts at the event. The Commander and other dignitaries were welcomed by the Chairman of the Organizing Committee, Air Vice Marshal Deshapriya Silva. The Commander addressed the audience after the trophies were awarded, praising the value that everyone who was honoured during the ceremony had contributed to the SLAF and inspiring all Airmen and Airwomen to continue striving for excellence in the years to come.

Based on criteria established by respective directorates, finalists were nominated for consideration and further selection was done by an independent panel that was appointed by the Commander of the Air Force, to honour them as outstanding performers in each trade and for their contribution to the development of the SLAF during the year 2023. Accordingly, the candidates who obtain the highest points from the selection process are awarded the "Most Outstanding Airman and Airwoman" trophies with attractive cash rewards.

This year, Flight Sergeant Kumara AMDSR (Operations Ground Special) and Corporal Ramanayake SMSEI (Operations Ground I) were named the Most Outstanding Airman and Airwoman for the Year 2023.

The team from the Air Defence Radar Squadron from SLAF Station Mirigama won the "Best Research Team" award this year having obtained the highest points during the selection process. The team won this award for its research on "Acquiring of real time Radar Data of INDRA MK II Radar in SLAF to main Air Defence Operations Centre”.

The award for the Best Quality Control Circle (QCC) was yet again won by the QCC titled "Centurian" forwarded by the No.01 Information Technology Wing at SLAF Base Ratmalana. This year, the award for the Best Environment Management Project for the year 2023 was secured by Sri Lanka Air Force Base Vavuniya.