Seeing that the MLVW is based on the US M35, you can be pretty sure it's an arms / technology trafficking issue which is enforced by your Southern brothers.
Residual value does not exist in government accounting. The budget was spent, there is no asset value in the books. Even when time comes to dispose of assets, making money is not the prime objective of governments.
H.
Quote:
Originally Posted by 45jim
It could very well be an ITAR issue. Since the truck and it's IP (intellectual property) are of US origin the sale of these trucks could be subject to ITAR restrictions imposed by the US. This also affects things like the CF-5's (sitting for sale in Winnipeg for years) M 113's and other pieces of US technology. The Leopard is obviously not of US origin (neither is the Iltis) so is unaffected by US law, or the perception of US law. ITAR is so sticky that the Government may just be taking the high road and destroying them rather than face a potential problem later. They really could get around it by restricting the export of the trucks out of Canada like the US does with its equipment.
I don't by argument that it's a potential liability either, surplus equipment (non-military and military) is sold everyday and the Government does not care about the liability. I firmly believe its the nanny state bureaucrats who don't think civilians should own military equipment. They don't care what they cost, they don't care that the tax payer is losing out on potential residual value, they just care about their jobs and their pensions. Its the land of "cover your ass" and screw the rest.
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19-11-11, 08:29
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