March 25 The British government is selling its helicopter search and rescue operations to U.S.-based Bristow Group Inc, Sky News reported on Monday.
The exact value of the deal has not been confirmed, but it is expected to be in the region of 3 billion pounds ($4.55 billion), Sky News said.
Bristow Group has won the contract to run the service from 2015 to 2026, Sky News said. (Sky News report:)
Bristow Group in Houston, Texas, could not be reached outside office hours.