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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
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Thu, Mar 15, 2012

Military Planes To Be Auctioned As Scrap By Government Liquidation

27 Million Pounds Of Tactical, Cargo And Combat Aircraft Up For Sale Starting Wednesday, March 21

For the second time in its 10-year history auctioning surplus and scrap property for the Department of Defense, Government Liquidation will be selling a record-amount of scrap metal made up of decommissioned military aircraft including F-111 Aardvarks, C-5 Galaxies, F-15 Eagles, C-130 Hercules, S-3 Vikings and A-4 Skyhawks.   Currently at the "boneyard" at Davis Monthan Air Force Base in Tucson, AZ, the aircraft are being sold for their base materials in the form of 27 million pounds of ferrous and nonferrous scrap metal.  Starting Wednesday, March 21, 2012, Government Liquidation will be accepting bids on these end-of-life planes through its online marketplace.

The boneyard at Davis Monthan Air Force Base is the sole location for excess military and government aircraft.  Currently over 4,200 planes are housed there and available for use, as functional aircraft, parts or equipment by U.S. military units throughout the world.  After non-functional, end-of-life aircraft have been stripped of all components, the DoD turns them over to Government Liquidation to be auctioned for their scrap metal content.  This 27 million pound scrap sale consists of aircraft parts constructed with metals such as aluminum, steel and titanium.  

"We receive 10,000 items per week and 20-30 million pounds of scrap metal per month from our government partner and continue to be successful in finding this inventory a home via our diverse buyer base," said Tom Burton, President of Government Liquidation. "By bringing the sale of retired military aircraft to our online auction marketplace, scrap buyers around the world have a unique opportunity to find and bid on top grade aerospace metals."

The 27 million pound scrap auction begins Wednesday, March 21 at 1200 ET and closes Friday, March 23 at 0800 ET.

FMI: www.govliquidation.com

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