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Sale Of Surplus Military Equipment Expected To Fund Upgrades

June 30 2011


The Australian government is about to hold a massive sale of unwanted military assets to fund major upgrades across the military, the Canberra Times reports.

Over the next 15 years, the military will replace or upgrade up to 85 percent of its equipment, according to a statement issued this week by Minister for Defense Materiel Jason Clare.

The defense force will dispose of up to 24 ships, 70 combat aircraft, 110 other aircraft, 120 helicopters and 600 armored vehicles in the...

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