The War Assets Administration was established in the Office for Emergency Management, effective March 25, 1946, by EO 9689, January 31, 1946. American factories had produced massive amounts of weaponry during the World War II. Hundreds of thousands of tons of surplus military equipment, from mess kits to tanks, airplanes, machine guns, artillery, and even warships, were now being offered for sale as scrap by the War Assets Administration (WAA).
Read more about War Assets Administration: Predecessor Agencies, Functions, Abolished, Successor Agencies
Famous quotes containing the word war:
“There’s no telling what might have happened to our defense budget if Saddam Hussein hadn’t invaded Kuwait that August and set everyone gearing up for World War II½. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, it’s possible.”
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