War Assets Administration
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).
Disposed of surplus consumer, capital, and producer goods; industrial and maritime real property; and airports and aircraft located in the United States and its territories.
By the Federal Property and Administrative Services Act (63 Stat. 738), June 30, 1949.
General Services Administration, as liquidator.
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