Government Waste
The Great Frigate Giveaway:
During the first six months of 1996, the Pentagon gave away four more Navy frigates - 2 to Turkey and one to Egypt and one to Bahrain. The ships are valued at $104 to $140 million each. It’s business as usual at the Pentagon. Since 1990, the Pentagon has given $7 billion in “excess” military equipment away - including 39 frigates, 5 guided missile destroyers and 13 tank landing ships. It’s considered cheaper to give it away than to store or scrap it. These ships can and likely will be used against American service personnel in the next Persian Gulf crisis.