Synthetic aperture radar (SAR) is an important microwave sensor that is capable of high-resolution imaging. Extracting valuable features from the SAR target imagery is one of crucial issues in SAR automatic target recognition (ATR). In this paper, we propose a new feature extraction method named 2-D principalcomponent-analysis-based 2-D neighborhood virtual points discriminant embedding (2DPCA-based 2DNVPDE) for SAR ATR. The SAR imagery is projected into the feature space by 2DPCA and 2DNVPDE in this approach. 2DPCA is able to preserve the global spatial structure of the original imagery, while 2DNVPDE establishes the spatial relationships of the neighborhoods to find the classification information from the neighborhoods of the samples. Hence, our method can extract powerful recognition information and represent the original image in low dimensions. Based on the MSTAR dataset, the experimental results show that the proposed method is able to achieve a higher recognition rate with a lower feature dimension over some existing SAR imagery feature extraction methods. Besides, it indicates that our method has a significant advantage in recognition performance and a lower sensitivity in statistical standpoint.Index Terms-Automatic target recognition (ATR), feature extraction, synthetic aperture radar (SAR).