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Press Releases
Tonko Announces $30 Million in Funding for Watervliet Arsenal
Watervliet, NY,
June 6, 2014
WATERVLIET – Congressman Paul Tonko (D-NY) announced today that Watervliet Arsenal will be provided with $30 million in funding to support the production of artillery and gun tubes for cannons, mortars and tanks for the United States Army. The funding is part of a larger $150 million Industrial Mobilization Capacity (IMC) account that offsets financial losses and aims to make rates more competitive and better allow arsenals to compete for business. The obligated funds were included in the Consolidated Appropriations Act of 2014, which passed the U.S. House of Representatives with Tonko's support in January.
Congressman Paul Tonko (D-NY) announced today that Watervliet Arsenal will be provided with $30 million in funding to support the production of artillery and gun tubes for cannons, mortars and tanks for the United States Army. The funding is part of a larger $150 million Industrial Mobilization Capacity (IMC) account that offsets financial losses and aims to make rates more competitive and better allow arsenals to compete for business. The obligated funds were included in the Consolidated Appropriations Act of 2014, which passed the U.S. House of Representatives with Tonko’s support in January.
“The Watervliet Arsenal has supported the American warfighter and served as a source of great pride for our communities for more than 200 years,”said Tonko. “This facility is one of the largest employers in our region and provides an economic impact to the tune of $100 million annually. I am proud in my support for the Arsenal, the leadership of Colonel Lee Schiller, and the entire team in Watervliet. I am pleased this funding is made possible as the good work at the Arsenal has a ripple effect throughout the nation.” The Watervliet Arsenal is the nation’s oldest, continuously-operated arsenal having begun its manufacturing of military hardware during the War of 1812. Last July, it celebrated its 200th anniversary. As the changing needs of a nimble and growing United States Army developed, so did the Watervliet Arsenal. The site is also a National Historic Registered Landmark.
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