Plans Call For Selling More Military-Owned Assets

January 29 2015

United Kingdom

The U.K. Ministry of Defense says is going to privatize more assets in order to keep the military equipped, reports London's Daily Telegraph.

Airfields, old barracks and military vehicles may be placed on the block in order to keep the armed forces "fighting fit" and well equipped, according to the prepared remarks of Defense Secretary Michael Fallon.

Since 2010, the government has sold old property worth 380 million pounds (US$575 million), according to Fallon.

The...

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