• Short Summary

    As United States troops are withdrawn from Vietnam, the equipment they needed to fight the war is being shipped out and sold off as surplus.

  • Description

    As United States troops are withdrawn from Vietnam, the equipment they needed to fight the war is being shipped out and sold off as surplus.

    One of the big sales centres is Singapore. The equipment being sent to Singapore includes heavy construction machinery as well as airplanes, four-wheeled drive vehicles and trucks.

    The United States Army is selling much of its equipment outside South Vietnam because the market there is already flooded. It hopes to realise better prices in Singapore, Taiwan and the Philippines. This film is from NBC.

    SYNOPSIS: These are the remnants of a war effort. As the United States withdraws from the arc in Vietnam, much of the equipment needed to sustain the war effort is being shipped out, too. It is being sold in other countries as surplus.

    The Army decided to sell outside Vietnam because the market there was flooded with equipment given to Saigon by the United States.

    One market is Singapore. United States' army equipment worth thirty-six million dollars has already started arriving there.

    The surplus is not just in weapons and ammunition. It includes millions of dollars worth of trucks and machinery.

    Military aircraft will be sold for a fraction of their original cost. So will vehicles handed to the United States when Australian troops left Vietnam.

    The surplus equipment also includes machinery used to build roads, runways and housing for the United States military -- bulldozers, forklifts, earth movers, rock crushers, air compressors, generators and water tanks. The Singapore Government has set aside a large part of the waterfront to receive the war surplus. In return, Singapore has the right to first purchase of anything it wants, at the current market value. It is estimated that a third of the sales so far have been to government owned companies in Singapore. American firms are also buying.. but with an eye to reselling the surplus at a profit. The United States Army plans to hold about twenty sales in Smaller sales will be held in Subic Bay, in the Philiy???ines and in Taiwan.

  • Tags

  • Data

    Film ID:
    VLVA9ND3ORNK4R78V7DEHCX090IA5
    Media URN:
    VLVA9ND3ORNK4R78V7DEHCX090IA5
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    17/07/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:01:00
    Time in/Out:
    /
    Canister:
    N/A

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