STOCK TITAN

Bristow Awarded Second-Generation Search and Rescue Aviation Contract by the Maritime and Coastguard Agency

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Bristow Helicopters has secured a £1.6 billion contract for the UK’s Second-Generation Search and Rescue Aviation (UKSAR2G) program, set to run from September 30, 2024, through December 31, 2026. This contract consolidates previous separate rotary and fixed-wing aviation services, advancing lifesaving capabilities across the UK. The consortium, including 2Excel Aviation and Nova Systems, will utilize 18 helicopters and six fixed-wing planes, along with unmanned aerial systems. Bristow plans to innovate service delivery and expand operational bases to enhance efficiency and response times.

Positive
  • Awarded a £1.6 billion contract for the UKSAR2G program, enhancing search and rescue operations.
  • Integration of rotary and fixed-wing services to improve operational efficiency.
  • Plans to increase operational bases, including new seasonal bases to support tourism areas.
Negative
  • None.
  • New 10-year contract combines existing rotary and fixed wing services into fully integrated, innovative solution led by Bristow
  • Bristow-led consortium to begin transitioning to new contract beginning September 30, 2024 through December 31, 2026, to ensure a continuation of critical lifesaving search and rescue aviation services across the whole of the U.K.

LONDON, July 21, 2022 /PRNewswire/ -- Bristow Helicopters Ltd (NYSE: VTOL) ("Bristow"), the global leader in innovative and sustainable vertical flight solutions, has been awarded a £1.6 billion 10-year contract for the Second-Generation Search and Rescue Aviation ("UKSAR2G") program by the Maritime and Coastguard Agency (MCA), an executive agency of the Department for Transport.

Bristow will work in partnership with 2Excel Aviation, a leading specialist in fixed wing aerospace services, and Nova Systems, the consortium's innovation partner, to deliver the contract for the MCA on behalf of Her Majesty's Coastguard. The new contract will see the U.K. search and rescue region benefit from innovation and advances in technology to save more lives, even more quickly.

The contract combines the existing two separate aviation contracts for fixed wing aircraft and rotary aircraft and will include the use of unmanned aerial systems (UAS). Since 2013 and 2019, respectively, Bristow and 2Excel have operated search and rescue services for the U.K. in the original SAR and Aerial Surveillance contracts. During that time, the companies have displayed exceptional quality, innovation, and skill in their work rescuing over 4,500 people over the past seven years.

"We are very pleased with the MCA's trust in Bristow to continue to provide safe and reliable search and rescue services with our crews to help save lives throughout the United Kingdom," said Bristow President and CEO Chris Bradshaw. "Through this new, innovative contract, Bristow and our partners will increase efficiencies and innovations as well as establish additional seasonal bases to further expand our service."

As part of the new contract, Bristow will continue to operate from their current 10 bases and will launch two new seasonal bases in Fort William and Carlisle, to serve areas around two of the busiest locations for summer tourism. The Fort William and Carlisle bases will operate 12 hours a day from April to September. All other helicopter bases will continue to be operational 24 hours a day.

The partners will operate:

  • 18 helicopters, including nine existing Leonardo AW189s and three existing Sikorsky S-92s augmented by the introduction of six new Leonardo AW139 helicopters;
  • Six King Air fixed-wing airplanes, including the B350, B350ER and the B200 at Doncaster, Prestwick and Newquay; and 
  • One mobile deployable Schiebel CAMCOPTER S-100 UAS.

"Since inception 2Excel has built a reputation for being highly skilled at creating innovative solutions and quickly turning complex aviation concepts into leading edge capabilities. The UKSAR2G contract with the MCA exemplifies this fact," said Andy Offer, Co-founder and Director of 2Excel Aviation. "This contract builds on the existing capabilities we have delivered to the MCA over the past few years with our fixed-wing aircraft packed with state-of-the-art integrated sensors; delivering services to a myriad of government agencies including border security, fisheries patrol, as well as life-saving search and rescue for HM Coastguard – working collaboratively with our partner Bristow."

Through the new contract, Bristow and its partners 2Excel and Nova Systems will work to deliver greater innovation in the provision of search and rescue services across the U.K. region, providing even greater levels of support to those at risk.

"Nova Systems is thrilled to be teamed with Bristow and 2Excel for UKSAR2G in the role of Programme Innovation Partner. With our experience working at the leading edge of aerospace technology and mission system development, and with our unique mix of technical and operational domain expertise, we look forward to enhancing the U.K.'s SAR capability and delivering a world-class innovation programme to the Bristow team and the MCA," said Gareth Dyer, Managing Director, International for Nova Systems.

Bristow will provide a new state-of-the-art search and rescue helicopter simulation training facility at Solent Airport next to the Coastguard Training Facility, which will house a synthetic rescue hoist and helicopter suspended over a large training pool. Another innovation includes the use of sustainable aviation fuels, reducing the carbon footprint in the delivery of these services.

The companies will transition from the current contracts starting from September 30, 2024 through to December 31, 2026, to ensure a continuation of critical search and rescue aviation services across the whole of the U.K.

Bristow is currently in a pre-earnings quiet period and will provide further information following the release of its quarterly financial results in early August.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of major integrated, national and independent offshore energy companies. Bristow provides commercial search and rescue (SAR) services in several countries and public sector SAR services in the United Kingdom (U.K.) on behalf of the Maritime & Coastguard Agency (MCA). Additionally, the Company offers ad hoc helicopter and fixed wing transportation services.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, Guyana, India, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the U.S. To learn more, visit our website at www.bristowgroup.com.

About 2Excel Aviation

2Excel is an innovative aerospace services business working across a range of industries including defence and security, engineering, events and disaster response. Activity is organised around two business lines: 2Excel Aviation, which comprises Capability Development, Special Missions and Charter; and 2Excel Engineering, which is a Maintenance and Repair Organisation (MRO) for Boeing and Airbus narrow-bodied aircraft.

Founded in 2005 by two Royal Air Force pilots, 2Excel has grown from five people and four aerobatic aircraft to over 400 people and a fleet of 30. In 2018, 2Excel Aviation became 51 per cent employee owned through the creation of an Employee Ownership Trust.

About Nova Systems

Nova Systems is a leading global engineering services and technology solutions company with more than 850 employees working from strategically located offices around the world including the United Kingdom, Norway, Ireland, Singapore, Australia, and New Zealand. We are a trusted partner to solve complex challenges for clients across defence, parapublic, government, special missions and commercial aerospace. Our company brings two decades of aviation experience built on a foundation of operational and technical expertise to deliver bespoke, low-risk solutions.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bristow-awarded-second-generation-search-and-rescue-aviation-contract-by-the-maritime-and-coastguard-agency-301591080.html

SOURCE Bristow Group

FAQ

What is the value of Bristow's new contract for the UKSAR2G program?

Bristow's new contract for the UKSAR2G program is valued at £1.6 billion.

When will the new UKSAR2G contract begin?

The new UKSAR2G contract will begin on September 30, 2024.

How long is the duration of the UKSAR2G contract awarded to Bristow?

The UKSAR2G contract awarded to Bristow has a duration of 10 years, ending on December 31, 2026.

What types of aircraft will be used under the new UKSAR2G contract?

The UKSAR2G contract will utilize 18 helicopters and six King Air fixed-wing airplanes.

Who are the partners involved in the UKSAR2G contract with Bristow?

Bristow's partners in the UKSAR2G contract are 2Excel Aviation and Nova Systems.

Bristow Group Inc.

NYSE:VTOL

VTOL Rankings

VTOL Latest News

VTOL Stock Data

964.71M
28.62M
2.32%
97.86%
1.85%
Oil & Gas Equipment & Services
Air Transportation, Nonscheduled
Link
United States of America
HOUSTON