This paper introduces a damage diagnosis method based on the reassignment method and matching networks (MNs) to study the structural health monitoring of aerospace composite material components. This aims to facilitate the mapping of signal features to complex failure modes. We introduce a signal processing technique based on the reassignment method, employing a sliding analysis window to re‐estimate local instantaneous frequency and group delay. By utilizing the short‐time phase spectrum of the signal, we correct the nominal time and frequency coordinates of the spectrum data, aligning them more accurately with the true support region of the analyzed signal. Subsequently, this paper developed a deep matching network (DMN) damage diagnosis model based on MNs. This model utilizes a convolutional neural network (CNN) to extract damage‐related features from the signal and introduces the full context embedding (FCE) method to enhance the compatibility of sample embeddings. In this process, the embeddings of each sample in the training set should be mutually independent, while the embeddings of test samples should be regulated by the distribution of training set sample data. Ultimately, the damage category of test samples is determined based on cosine similarity. We validate our model using damage sample data collected from experiments and simulations conducted under varying components and operating conditions. Comparative assessments with five mainstream methods reveal an average accuracy exceeding 96%. This underscores the exceptional recognition accuracy and generalization performance of our proposed method in cross‐operating condition fault diagnosis experiments concerning aircraft composite material components.