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End-of-Life Military Planes to Be Sold as Shredded Scrap on www.Govliquidation.com
Mar 26, 2008 (10:03 AM EDT)
SCOTTSDALE, Ariz., March 26 /PRNewswire/ -- In its largest auction to date, Government Liquidation is helping to clear some space in the "boneyard" on Davis-Monthan Air Force Base in Tucson, AZ, the final resting spot for over 4,200 decommissioned military aircraft. After serving their time with the United States Department of Defense (DOD), aircrafts such as C-141 Starlifters, A-4 Skyhawks, S-3 Vikings, T-34 trainers and "Jolly Green Giant" helicopters are being sold for their base materials in the form of 27 million pounds of ferrous and nonferrous scrap metal. Beginning on April 21, 2008, Government Liquidation will be accepting bids on these end-of-life aircraft through its online auction marketplace, http://www.govliquidation.com .
(Photo: http://www.newscom.com/cgi-bin/prnh/20080326/LAW071 )
The boneyard at Davis-Monthan Air Force Base provides a unique savings account from which U.S. military units throughout the world may withdraw functional aircraft, parts or equipment. After non-functional, end-of-life aircraft have been stripped of all components, they turn into revenue generators for the DOD as they are sold for their scrap metal content.
This 27 million pound scrap sale consists of aircraft parts such as wings, wheels and hulls and includes scrap materials such as aluminum, steel, magnesium, titanium and rubber. Through its profit sharing arrangement with the DOD, Government Liquidation will return 77% of the net sales proceeds to the government.
Government Liquidation is the innovative online marketplace for the sale of surplus and scrap on behalf of the U.S. government. This unique site enables buyers to purchase government assets ranging from outdoor gear, genuine Hummer vehicle parts, office equipment, and medical and dental equipment to musical instruments, rare items and the occasional retired ceremonial mount, from more than 206 locations across the country.
Government Liquidation earned the exclusive contract with Defense Reutilization and Marketing Service (DRMS) for the sale of surplus and scrap assets of the DOD in 2001 and continues to move thousands of surplus items and scrap materials daily through its convenient and accessible Internet auction site.
"In addition to scrap term contracts, Government Liquidation offers a host of other items. All other bids, no matter the item, begin at $50.00," explains Tom Burton, President of Government Liquidation. "The market demand determines the final selling price."
For more information about the terms and conditions for term contracts and this single lot sale of 27 million pounds of scrap metal, visit http://www.govliquidation.com .
About Government Liquidation, LLC
Government Liquidation, a subsidiary of Liquidity Services, Inc., http://www.govliquidation.com , is the exclusive online marketplace for the sale of surplus and scrap Defense Department material to the public. Government Liquidation offers surplus buyers a unique and dynamic pool of property for purchase from over 206 locations throughout the continental U.S., Alaska, Hawaii, and Guam. For more information visit or call (480) 367-1300.
CONTACT: Julie Davis of Government Liquidation, +1-202-558-2634, email@example.com
Web site: http://www.govliquidation.com/