Finally, we close with brief comments on Counting Cranes, The Rocketing UK, Gassing Up, and The Bionic Human.  First, Commercial Construction rose 6.7% year-over-year in the first half of the year.  Hotels led the charge, with construction up 7.9%.  For the construction industry, it is Counting Cranes as the industry moves into boom times.  Second, Lockheed Martin, in combination with the UK Space Agency (UKSA), plans to develop an orbital launch site in Melness, Scotland.  This launch site would focus on the launch of small satellites, as the UK produces 44% of them today.  In addition the UKSA is backing Virgin Orbit with its plane launched model to send these satellites into orbit.  With this thrust behind it, we see The Rocketing UK.  Third, LNG projects continue their growth with awards starting to accelerate.  All the major Engineering & Construction companies, including Fluor, KBR, and McDermott International, indicate that major LNG awards are in the middle stages of FID with awards starting to occur.  These awards are expected to accelerate over the next 12 months to meet the looming LNG shortage in the early 2020s.  With numerous projects moving ahead and more to come, we see the world Gassing Up.  And Fourth, scientists at the University Hospital Rangueil, Toulouse, France, developed a process to create custom-made implants for reconstructive chest surgery.  This process addresses Poland Syndrome which impacts 1 in 30,000 births.  We see this as another step along the way to The Bionic Human.

 

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