KEY POINTS:
The Army has sold its Vietnam-era fleet of 48 armoured personnel carriers and they will all be melted down for scrap before Christmas.
The M113 tracked carriers have been sold to a New Zealand company for $500,000, half the price the Army would have got in a deal last year with an Australian military collector.
That deal was stopped when the US State Department stepped in and vetoed the sale.
- NZPA / NZHERALD STAFF
