Howard Wheeldon, senior strategist at London-based BGC Partners, also welcomed the market rally after a "torrid week".

BBC: Shares surge on US bail-out plan

Howard Wheeldon, who covers capital goods for Prudential-Bache, thinks the stock is a bargain, but he has stopped covering the company because of a lack of interest from his clients--a positive sign for contrarian investors.

FORBES: Bargains And Dogs

But defence analyst Howard Wheeldon said the RAF and Navy had provided a fantastic service over so many years and most search and rescue services around the world remain in the hands of government or military.

BBC: Bristow S-92