Word: surplus
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...spare parts, ranging from bolts to airplane doors, on a disposal list if no request for the item has been received for twelve months. After checking just "a few" warehouses earlier this year, Air Force inspectors discovered that about $1.5 million worth of spare parts scheduled for disposal as surplus were still needed items that the Air Force was purchasing new at full price...
Thomas Cooper, Assistant Secretary of the Air Force, reported these findings to members of a House Armed Services subcommittee, which scheduled hearings on the disposal of military surplus for later this month. Meanwhile, congressional investigators vied with Pentagon inspectors to see who could uncover the most tooth-gnashing tales of wasteful disposal. Among them: > The Navy sold eleven Gearing-class destroyers to foreign countries (Taiwan, Greece, Mexico, South Korea, Turkey and Pakistan) in 1981 and '82 for a total of $5.2 million. But, says the General Accounting Office, the ships should have been valued at $36.4 million. They were...
...More than 60 periscopes used on several weapons were sold as surplus to a California firm for $6.31 apiece; the Pentagon purchased them new for $64. The periscopes were coded "F," meaning they were repairable, but actually they were new. They had never been unpacked from the manufacturer's boxes...
Last year the Pentagon sold $1.6 billion worth of surplus for $89 million, which comes to less than 6? on the dollar...
...American, proSoviet, pro-terrorist" policies. Last week it was revealed that on June 26 the Greek Ambassador to the U.S., George Papoulias, was summoned to the State Department, where he was informed by Assistant Secretary of State Richard Burt that the U.S. was considering denying a Greek request for surplus military aircraft: 16 F-5 fighters, at present in Norway's possession. According to Administration sources, most of the F-5's may instead go to Greece's traditional enemy, Turkey. Said a senior official in Washington: "The Greeks have got to see that they...