The U.S. Naval Institute Annual Meeting was held on 11 April at the Phoenix Park Hotel in Washington, D.C., with a fine turnout of Members. The meeting was very positive and well-attended. We discussed the state of the Institute, recognized our award-winning authors, and heard a terrific presentation from Ms. Sandra Grimes. We wrapped up with a wonderful Member reception at the Smithsonian National Postal Museum. The year 2012 was one of investment, and the Naval Institute made strong progress on improved content, website redesign, the rollout of USNI News , development of smartphone and tablet apps, an increase in membership, and an improved Member experience overall.