Michael Wallner, Michelle Zook, Joe Hutton, Cara Jorgensen, Jeff Peterson, and David Lynn of Montana State University and Brian Lewandowski of the University of Colorado, Boulder, present the impact of Sandia National Laboratories on technology transfer (T2). This study evaluates the economic outcomes of T2 contracts between Sandia National Laboratories and outside partners to quantify the economic contribution of these agreements to the U.S. economy. Findings from the study include $53.7 billion in total sales and 434,464 jobs supported.