The Ministry of Defence denied the deal had been completed.
In a statement it said, "Discussions are still ongoing as to the vehicle type to fulfill the Warthog requirement for operations in Afghanistan. We will procure over 100 new vehicles with deliveries starting at the end of next year."
A spokeswomen for STK declined to comment.
The selection is a major setback for armored vehicle supplier BAE Systems. The company's Viking all-terrain vehicle has been in service with the Royal Marines for several years. It's also been in use in Afghanistan by the British Army.
BAE's Swedish subsidiary, Hägglunds, bid a Mark 2 version of the Viking but failed to overcome its Singaporean rival who offered a higher payload and more capacity to transport troops. Bronco deliveries are expected to start next year.
The vehicles, to be known as Warthogs in British service, will replace Vikings currently being operated in southern Afghanistan by the British military.
Bronco is already in service with the Singaporean armed forces, but the British deal will be the first export win for STK. Thales UK is expected to be the vehicle integrator for the British Broncos.
As the Singaporeans prepare to conclude the deal, it emerged earlier this week that BAE had secured an urgent operational requirement to upgrade the Viking fleet in Afghanistan with increased protection against mines and roadside bombs. About 120 vehicles are having armored belly plates and other measures fitted.
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