The formation of the U.S. Naval Institute marked a significant moment in the history of the United States Navy and its professionalization. It was founded by a group of naval officers and other interested parties who recognized the need for a dedicated forum where naval personnel could discuss vital issues pertaining to naval strategy, technology, and operations. The U.S. Naval Academy, located in Annapolis, Maryland, provided a suitable environment for this meeting, serving as a center for training and education in naval affairs.

The founders sought to establish a journal, which would serve as a medium for publishing research, articles, and discussions on various naval topics. This initiative was crucial in a time when the U.S. Navy was undergoing significant changes, particularly with the advent of ironclad ships and steam power, which required new tactics and strategies. By encouraging open discourse among naval professionals, the Institute aimed to enhance the Navy's capabilities and adapt to the evolving challenges of maritime warfare.

The U.S. Naval Institute not only provided a space for conversations on military matters but also played a role in fostering camaraderie among officers. Over the decades, its contributions—especially through its journal—have influenced naval thought and policy, proving to be instrumental in shaping the course of U.S. maritime strategy. This alignment of military and intellectual engagement eventually helped establish the Navy as a modern and effective force on the global stage.