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UK government to sell helicopter search and rescue ops -report
March 26, 2013 / 12:01 AM / 5 years ago

UK government to sell helicopter search and rescue ops -report

March 25 (Reuters) - 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.

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