1940, in reference to military raids, etc., from hit (v.) + run (v.). As a noun phrase, Hit and run is from 1899 as a baseball play, 1924 as a driver failing to stop at an automobile accident he caused.
hit-and-run units
historiography
history
histrionic
histrionics
hit
hit-and-run
hitch
hitcher
hitchhike
hithe
hither