WJTV News Channel 12 - Global Transpark to house surplus armored vehicles

Global Transpark to house surplus armored vehicles

Posted: Updated:

Overseas they save lives. Back at home they create jobs. Global Transpark officials say the U.S. Army may set-up shop to sell armored military vehicles. Economic developers say it would give the local economy a boost.

In Afghanistan and Iraq, the mine resistant ambush protected MRAPs vehicles can hold up against IEDs or improvised explosive devices.

They’re so effective; the U.S spent $50 billion to help save lives. But as the government continues to draw down its forces overseas, some are being destroyed, sold for parts or in this case, sold to foreign allies.

Global Transpark officials confirm the U.S. Army is considering housing MRAPs at a cargo building off the Transpark's runway.

Transpark Executive Director Sherman Lupton said, “It’s an opportunity and an option for the army to use in this austere budget environment that they find themselves in.”

Sherman said the idea originated from a study brought forth by the North Carolina Eastern Region and North Carolina Department of Transportation.

Commissioner Reuben Davis, Chairman of the Lenoir County Commission is excited to hear it will bring jobs. “It would be a tremendous asset to eastern North Carolina and the military has a presence here. There's a lot of military aircraft that do touch and go landings here.”

The project is not set in stone yet. The Transpark board is still working out the kinks but they say with draw down projections for 2014 still in place, the move could happen in the near future.

As troops continue to draw down, the Army is looking to sell off some of their vehicles to foreign allies. This could help recoup some of the costs for the program, which Time Magazine says cost about $50 billion.   

  • BusinessMore>>

  • Higher costs pressured businesses in 1st quarter

    Higher costs pressured businesses in 1st quarter

    Monday, April 21 2014 12:13 AM EDT2014-04-21 04:13:02 GMT
    Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics.
    Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics.
  • Asian stocks mixed after holiday weekend

    Asian stocks mixed after holiday weekend

    Sunday, April 20 2014 11:23 PM EDT2014-04-21 03:23:03 GMT
    Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea.
    Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea.
  • Japan logs record $134B trade deficit in FY 2013

    Japan logs record $134B trade deficit in FY 2013

    Sunday, April 20 2014 10:13 PM EDT2014-04-21 02:13:01 GMT
    Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen ($134 billion) in the last fiscal year as exports failed to keep pace with surging costs for imported oil and gas.
    Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen ($134 billion) in the last fiscal year, the third straight year of deficit, as exports failed to keep pace with surging energy costs.
Powered by WorldNow

1820 TV Road
Jackson, MS 39204

Telephone: 601.372.6311
Fax: 804.819.5569
Email: wjtvnews@wjtv.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.