I have this problem also but only if i look at a custom texture of an buzzard on our server no mods no squad.xml here are the logs.
Mods: A3
Distribution: 0
Version 1.24.125979
Fault time: 2014/08/18 16:36:29
Fault address: 004010D1 01:000000D1 F:\Steam\SteamApps\common\Arma 3\arma3.exe
file: __cur_mp (__CUR_MP)
world: Altis
Prev. code bytes: 10 66 89 50 10 83 C0 12 83 C1 12 83 FE 04 72 12
Fault code bytes: 8B 11 89 10 83 EE 04 83 C0 04 83 C1 04 83 FE 04
Registers:
EAX:25D17B48 EBX:0D27FEC0
ECX:6E240000 EDX:00000000
ESI:04C856E1 EDI:0517D70C
CS:EIP:0023:004010D1
SS:ESP:002B:0D27FE84 EBP:6DD47A7B
DS:002B ES:002B FS:0053 GS:002B
Flags:00010216
h ttp://wikisend.com/download/321788/arma3_2014-08-18_16-31-09.bidmp
Regards
Stealth