This study explores how perceived organizational values relate to loyalty among officers attending the Higher Officers Program at the Swedish Defence University. The theoretical framework is based primarily on Charles Moskos' Institution/Occupation model and Engelkes’ loyalty framework with Battistelli’s perspective serving as a complementary lens. The study employs a quantitative research design using survey data (n=135), analyzed through correlation, regression, and exploratory factor analysis. The findings confirm a positive and statistically significant relationship between perceived institutional values and reported loyalty. However, this relationship does not fully explain the variation in loyalty, suggesting that other factors may also contribute. While officers from different educational backgrounds reported differing perceptions of organizational values, no corresponding difference in loyalty levels was found. This indicates that loyalty remains stable over time. These results contribute to a broader understanding of loyalty in military contexts and underscore the need to examine additional influences beyond institutional values.