Sorry, I meant "military search and rescue" for the SAR fleet - like plucking the F3 crew out of the North Sea in 2004. My concern is that the UK does not have a comprehensive CSAR capability and this privatisation will make the future prospect of such a capability even more unlikely.
Also, the career path of SAR crews is integrated with the wider RN/RAF rotary fleets (to my knowledge based on working at a unit with a SAR flight - I will, of course, defer to the experts!) and this appears to be both a back-door cutback which removes military expertise in a specific capability area - and the loss of a harmony posting.