How many billions to be tossed away!!????

[Tyr-Ziu Saxnot]

http://www.fool.com/investing/genera...x#.UsotDdp3uzc

Billions of Dollars' Worth of MRAPs Head to the Scrapyard. Who Profits?

By Rich Smith | More Articles | Save For Later
January 5, 2014 | Comments (0)
During 10 years of continuous warfare, the U.S. spent $50 billion building a fleet of 25,000 Mine-Resistant, Ambush-Protected armored vehicles, or MRAPs, to protect our troops. Over the years, these vehicles won praise for saving the lives of thousands of servicemen and -women, who might not have survived had they been riding in Humvees when attacked by IEDs. But now, their time is done.

The war in Iraq is over (for us), and the war in Afghanistan is winding down. And the MRAPs? They're headed for the scrapyard.

With little immediate need for heavy, heavily armored gas slurping trucks in its future, the U.S. military is trying to figure out what to do with all its MRAPs. The Army hopes to sell as many as 2,000 MRAPs to friendly foreign nations, and destroy thousands more (to keep them out of enemy hands). Roughly half the force will then be shipped back stateside, and to forward-deployed locations for mothballing -- where they will await the next war in a state of suspended animation.

The only question remaining: Which MRAPs, specifically, will the military keep, and which will it scrap?
On this question hinges the fortunes of the half-dozen odd companies that worked to build the military some 25 different variants on the "MRAP" concept. The companies that manufacture the MRAPs that the military keeps could win millions of dollars in additional contacts to repair, refurbish, and pack away MRAPs for a rainy day. Those whose MRAPs the Pentagon decides to ditch ... will not.

So ... who are the winners and losers in this contest?

According to a report on DefenseNews.com over the weekend, the U.S. Army has finished tallying its needs for future MRAPs and decided to keep 8,585 vehicles total, and 5,651 of the most modern, all-terrain version of the MRAP, Oshkosh's (NYSE: OSK ) M-ATV will be retained, as will 2,934 MaxxPro Dash and MaxxPro armored ambulances from Navistar (NYSE: NAV )

Obama has been the CIC FOR ALMOST 5 YEARS NOW. So where was his watchful eye on all this? That's right folks when it comes to wasting billions he is all for it.. In fact , he prefers wasting trillions, anything to weaken us! ANYTHING TO WEAKEN US! GET IT, IT IS WHAT TRAITORS DO..-Tyr

[fj1200]

Um, what?

[Tyr-Ziu Saxnot]

Um, what?

Huh?

[fj1200]

I'm glad we agree that there was very little tying the story to your comments.

[Tyr-Ziu Saxnot]

I'm glad we agree that there was very little tying the story to your comments.

Sure .

With little immediate need for heavy, heavily armored gas slurping trucks in its future, the U.S. military is trying to figure out what to do with all its MRAPs. The Army hopes to sell as many as 2,000 MRAPs to friendly foreign nations, and destroy thousands more (to keep them out of enemy hands).

No waste. How much money wasted are those thousands of vehicles being destroyed? It did not say mere dozens of hundreds. These are not inexpensive vehicles. My comment had merit you just disagree with it. Nice try .-Tyr

[fj1200]

Sure .
No waste. How much money wasted are those thousands of vehicles being destroyed? It did not say mere dozens of hundreds. These are not inexpensive vehicles. My comment had merit you just disagree with it. Nice try .-Tyr

I didn't say that there wasn't any waste just that you automatically tied it to BO with little evidence other than he's the POTUS.

[Tyr-Ziu Saxnot]

I didn't say that there wasn't any waste just that you automatically tied it to BO with little evidence other than he's the POTUS.

Really? Do you not understand the meaning of Commander in Chief? The bamscum happens to be that too. Perhaps if you didn't worry so much about defending him you wouldn't miss such details, eh? Remember the buck stops at his desk on military matters TOO! Or do you maintain that he gets a pass on that as well? -Tyr

[fj1200]

Really? Do you not understand the meaning of Commander in Chief? The bamscum happens to be that too. Perhaps if you didn't worry so much about defending him you wouldn't miss such details, eh? Remember the buck stops at his desk on military matters TOO! Or do you maintain that he gets a pass on that as well? -Tyr

The exact same thing would have happened had Romney won. The knock on BO, by some. is how he's incompetent and hands-off, are you now thinking he's not incompetent and so hands-on that he's fiddling around with Army projections of equipment needs? You have no point here; unless you think we should forward the unneeded equipment to various PDs around the country.

EDIT:

And for those thinking I'm defending BO... and I am stating that he's both incompetent and hands-off.

[Tyr-Ziu Saxnot]

The exact same thing would have happened had Romney won. The knock on BO, by some. is how he's incompetent and hands-off, are you now thinking he's not incompetent and so hands-on that he's fiddling around with Army projections of equipment needs? You have no point here; unless you think we should forward the unneeded equipment to various PDs around the country.

EDIT:

And for those thinking I'm defending BO... and I am stating that he's both incompetent and hands-off.

Maybe ,maybe not but dealing in reality is that it did happen with Obama. -Tyr

[fj1200]

Maybe ,maybe not but dealing in reality is that it did happen with Obama. -Tyr

It doesn't matter that it did unless...

... he's fiddling around with Army projections of equipment needs...

[Tyr-Ziu Saxnot]

It doesn't matter that it did unless...

What, you think he hasn't been ? Why wouldn't he since the army has grown so much weaker since he took over, why wouldn't he do that as well?

[fj1200]

You're deluded if you think he's fiddling around with army projections for a single piece of equipment for a cost that was incurred years ago. BO sucks enough on his own to have to make up issues.

[CSM]

You're deluded if you think he's fiddling around with army projections for a single piece of equipment for a cost that was incurred years ago. BO sucks enough on his own to have to make up issues.

I serioulsy doubt that Obama has the mental capacity or even the inclination to interfere with the Army acquisition process (one way or the other). He hires other liberal socialists to do that and their sole function is to coordinate the efforts of the media, the DNC, Congress and the mindless, liberal horde in screwing up whatever they decide needs screwing up. It's been working well for them all, so far.

[fj1200]

I serioulsy doubt that Obama has the mental capacity or even the inclination to interfere with the Army acquisition process (one way or the other). He hires other liberal socialists to do that and their sole function is to coordinate the efforts of the media, the DNC, Congress and the mindless, liberal horde in screwing up whatever they decide needs screwing up. It's been working well for them all, so far.

I certainly agree with that. I'm also pretty sure that his minions are nowhere near this sort of decision.

On another note:

MRAP_Cat_1_navistar.jpg

Holy crap those things are huge.

[CSM]

I certainly agree with that. I'm also pretty sure that his minions are nowhere near this sort of decision.

On another note:

MRAP_Cat_1_navistar.jpg

Holy crap those things are huge.

Yep, they are... gas mileage is something to behold too. My view on these things (from their inception) is "if you are going to build a tank; build a damn tank!" You may remember the whole discussion about body armor as well. Nobody wants to see coffins coming home, but no soldier wants to be so encumbered that he can't move either.