CANBERRA, Australia, Jan. 31 (UPI) -- Australia's military is to sell its retired, non-combat vehicles domestically and internationally beginning in March.
Sales will be handled by a new civilian Australian company and are expected to garner more than $100 million.
The vehicles will be sold by Australian National Disposals, a new Australian-owned business based in (the state of) New South Wales," Minister for Defense Materiel Jason Clare said Thursday.
"The Army vehicles being sold include the Army Land Rovers, Mack trucks, Unimogs, motorcycles, trailers and all-terrain-vehicles.
"The sale of these vehicles is expected to raise more than $100 million," he said. "Their average age (of the vehicles) is 25 to 30 years old and they have average of 125,000 kilometers (about 77,600 miles) on the clock."
A number of vehicles will be reserved and offered exclusively to community and heritage organizations.
The government said additional sales of surplus vehicles will take place progressively over the next decade as additional vehicles are retired and sold to Australian National Disposals for resale.
|Additional Security Industry Stories|
SAN ANTONIO, May 20 (UPI) --BP has take "a significant step" toward selling a California oil refinery and regional retail networks to Tesoro Corp. after getting U.S. federal approval.
WASHINGTON, May 20 (UPI) --Commercial space activities may soon utilize a NASA launch pad at the Kennedy Space Center in Florida that was designed for the Apollo space program.