Percent Volume Definition. Note that volume percent is relative to volume of solution, not volume of solvent. For example, wine is about 12% v/v ethanol. This means there are 12 ml ethanol for every 100 ml of wine. It is important to realize liquid and gas volumes are not necessarily additive.
However, both the material condition and safety of DoD equipment are routinely being undermined by the effects of corrosion. The dollar cost of corrosion to DoD has been estimated by the Government Accountability Office (GAO) to be $10-20 billion per year.
Corrosion of Iron. Introduction. Corrosion is defined as the chemical or electrochemical degradation of metals due to their reaction with the environment. The corrosion of iron, better known as rusting, is an oxidation-reduction process that destroys iron objects left out in open, moist air. In the United States alone, it is estimated that the cost of corrosion, in equipment maintenance, repair, and replacement, exceeds $300 billion per year.