The money will be used to repaint airplanes that were used in Vietnam and World War II.
The Moving Wall grand opening was Friday, with keynote speaker Sammy Davis, Indiana's only living Medal of Honor recipient.
World War II and Vietnam veterans recalled their stories as prisoners of war during a ceremony at Naval Surface Warfare Center Crane on Thursday.
Governor Mitch Daniels has held the ride as a fundraiser for military families since he took office. This year was his last ride as governor.
Vern Synder tried to enlist three times in the Marines, and Judi Chapman joined the military after her childhood sweetheart was killed in Vietnam.