Absolutely - any military experience is extremely valued in the eyes of MBA admissions officers.
In fact, every military person I have worked with has over-delivered on their final results, with a very high proportion ending up at Top 5 programs.
Thus, not only would I encourage you to apply, I would encourage you to shoot high.
Lastly, do not think your experience is anything less than (extremely) valued and shows great personal and professional experience and potential.
Senior Admissions ConsultantManhattan Review
Manhattan Review GMAT Prep & MBA Admissions Consulting
Web: http://www.manhattanreview.com | Phone: +1.212.316.2000
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