LAS VEGAS, NEVADA (March 13, 2019) – Ritchie Bros.' GovPlanet marketplace is now ready to release two new U.S. military vehicles to the public market. Bidding is now open on GovPlanet.com, and will close on March 20, 2019, for the first group of ITVs (Internally Transportable Vehicle) and MTVRs (Medium Tactical Vehicle Replacement).
The M1161 ITV "Growler" is a 4x4 "jeep-style" vehicle with a Navistar 2.8L diesel, 132-horsepower engine. It is approximately 13.5 ft. long, 5 ft. wide, and 6 ft. high. The ITV was developed by the American Growler company in 1999 and entered into service with the U.S. Marine Corps in 2009 as a utility, scout, or fast-attack vehicle.
The MTVR is a 6x6, seven-ton cargo truck with a Cat C12 diesel, 410-horsepower engine. It is approximately 26 ft. long, 8 ft. wide, and 11.5 ft. high. The MTVR entered into production in 2005 and is still in regular operation with the U.S. Navy and Marine Corps as a prime mover for the M777 howitzer, as well as troops, fuel, water, and a wide variety of other equipment.
"This is an extremely rare opportunity to purchase highly-spec'd vehicles built for and used by the U.S. military," said Doug Feick, SVP, New Business and Corporate Development, Ritchie Bros. "We have a limited supply of these vehicles, which we plan to sell over the coming months. We encourage bidders to get online and purchase one before they are gone. For the most up-to-date information, visit our website at govplanet.com/growlers."
GovPlanet sells thousands of items for the U.S. Department of Defense and other government agencies each week through its non-rolling stock and rolling-stock auctions each Tuesday and Wednesday. For more info, visit GovPlanet.com.
GovPlanet, a Ritchie Bros. solution, was launched in 2014 to address the specialized equipment disposition needs of public entities, from federal, including military, to state, local and municipal. Each week, on average, GovPlanet draws close to 90,000 attendees to its online auctions. Items go into preview two weeks in advance and bidders can view photos, video and inspection reports. All items sold on GovPlanet have been inspected and come with IronPlanet's exclusive IronClad Assurance(R) equipment condition certifications, which give bidders the confidence to buy online from anywhere in the world.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance(R) equipment condition certification; Marketplace-E, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat(R) auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.
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