FROM THE FALLOUT WIKI:

The Armory is only accessible after traversing the National Guard Depot, the National Guard Training Wing, the National Guard Depot Offices, then exiting from the Offices back to the National Guard Depot. (In the northeast corner of the "Local Map", on the second floor, facing south, you will see a section of a wall collapsed onto a desk, with an outcropping of partially collapsed floor above. Behind you you'll find two barrels to stack on the partially uncovered desk. This will save you loads of time) Just as you zone back into the Depot, there is an electrical switch on the left straight ahead. When you activate the switch, you will see the warning lights of the Armory's utility door turn on, two stories below where you just threw the switch. (The utility door cannot be lockpicked, even though it is shown with a Very Hard lock). BUT, be careful, there is a sentry bot or a mister gutsy right inside. Activating the second switch inside the utility room will open a trap door that leads into the Armory itself.

There is also a "glitch" way to get into the armory, not into the armory vault itself as you need the Keller Family Transcripts. It is possible to jump to the electrical switch after entering the Depot by placing carts and trolleys near the door sticking out of the rubble, in the room with the Nuka-Cola machines and Eat-O-Matic's. This method can also be used to obtain access to the top floor of the building, also you can pick up a barrel and place it on the ramp next to the two turrets on the second floor.

The Bobblehead: Small Guns can be found inside the armory on a shelf next to the terminal for the bunker access. Additionally, a Minigun, Missile Launcher, four Assault Rifles, two 10mm SMGs, two 10mm Pistols, ammo and supplies are also stocked inside the armory. Unfortunately, all of the weapons are in poor condition.
Source(s):
http://fallout.wikia.com/wiki/Fallout_Wiki

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