According to Fiscal Year 2015 data, defense spending in the State of Arkansas supported approximately 62,400 jobs, generated $330 million in state and local tax revenue, and impacted the state’s gross state product by $4.5 billion. Because of this, Governor Asa Hutchinson established an initiative to support and promote the state’s military installations and related economic development interests. As part of this effort, Matrix was hired by the Arkansas Economic Development Commission to complete a Military Installation Impact Analysis along with consultation and recommendations. Matrix conducted analysis over a four-month period that involved in person visits with leadership from each of the five military installations and the surrounding communities. Through these site visits, Matrix was able to analyze strengths, weaknesses, opportunities, and threats (SWOT) for each installation and generate 17 actionable recommendations based upon common themes amongst them. Matrix also performed a robust economic analysis covering a spectrum of economic impacts the defense economy has on Arkansas to include 21,000 full and part-time active duty, Department of Defense civilians, National Guard, and reserve personnel generating over $800 million in payroll expenditures as well as over $2.7 billion in Veterans Affairs expenditures for 248,000 veterans and 25,000 military retirees.