It's the Navy and Marine Corps Achievement Medal. It's reserved for junior personnel and is awarded for "meritorious service or achievement in either combat or noncombat situations based on sustained performance or specific achievement of a superlative nature but which does not warrant a Commendation Medal or higher" per the DoD description.
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John 8:32
reive (riːv) vb (Military) (intr) dialect Scot and Northern English to go on a plundering raid
[variant of reave]
ˈreiver n e.g., " Some view the Border Reivers as loveable rogues."
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