Truth be told, your question is moot.
Once you've paid out the money for the storage device, you generally use it until it no longer works. It's not like the boss ever says, "We don't need this drive. Wipe it and return it to supply." Seriously. I have a 128M thumb drive that I've been using for over 11 years.
From time to time, like when we replaced the old 50MHz desktops with rip-roaring new 166MHz machines, the machines we turned in to supply didn't have hard drives (or any other storage device); we pulled the drives and re-used them. (This helped when a guy in our office was busted for indecent acts with a minor; the OSI pulled the drive from every computer on which he had logged onto the network—to see if he was surfing kiddie porn—and we never saw those drives again.)
If you no longer need the data on the device, simply delete it, continue to use the device for other work, and protect the device with the highest level of security that is required for any of the data that has ever been on the device; if that's not good enough when the device is wiped, it wasn't good enough before, and you have bigger problems.
The only time a storage device leaves custody, especially in military circles, is when the device no longer works. When that is the case, there's no reason to allow a non-functioning device with sensitive data on it to remain intact. Thermite is your friend. (Yes, my unit had a degausser. No, we weren't allowed to use it. Someone in the security-regulation-writing business had updated their regulations, which decertified our degausser's certification for classified material, and whoever was supposed to get it recertified hadn't gotten it done, for reasons.)