Could well be positioning for UKSAR2G bid
Certainly Babcock is a device for relieving government of their money and UK SAR has been shown to be a reliable revenue source for Bristow through hard times in other quarters. However, both Babcock and CHC are already members of 'the usual suspects' having both done some SAR in the UK SRR. We also live in an age where 'parent company guarantee' is proven to be not worth the paper it's not written on, so sheer size doesn't cut it. I shall be interested to see what this turns into.