Asset Transfer in maintenance cloud

Hi, We are implementing Maintenance Cloud for a defense industry. The equipment (both enterprise and customer owned) requires regular transfer to different sites for trials, testing etc and also to different organisations. What is the recommended flow as there is no dedicated Asset Transfers functionality within Maintenance.

Note: The customer has a very long term maintenance contract to maintain customer owned assets and these do not have any record in Fixed Assets. These assets are maintained like enterprise assets and quarterly reports are sent.

Is it fair to assume the following process is the only option available for asset transfers?