Inflight food is the food served to passengers on board by commercial airliners. They are prepared by specialist airline catering firm, and are normally served during the cruise to the passengers. Confectionery category has a comprehensive appeal in the travel sector. With the ban on LAGs (liquids, aerosols, and gels) and with an accumulative number of passengers using low-cost carriers, the growth of confectionary category in these carriers has significantly increased, to become one of the most critical categories in the industry.  The beverage segment comprises coffee, tea, hot chocolate, milk, cold-drink, and alcohol.

Mechanization in the agricultural sector has already transformed the high-income countries. Additionally, the adoption rate of mechanization in the agricultural sector in the emerging markets, (includesAfrican countries, ASEAN countries, and other developing countries) has been gradually increasing. Some of the major factors driving the demand for mechanization are rapid urbanization, growth of medium-sized farms, and rising rural wages and seasonal labor shortages.  The rising demand for mechanization and the increased number of medium-scale farmers are the primary factors that have created a demand for tractor hiring in Ghana and other African countries, majorly in south of the Sahara. This allows tractor owners to fully utilize their machines, while providing services to farmers who can not afford their own tractors.

北斗三号完整系统将于2020 年建成并面向全球提供基本导航、短报文通信、星基增强、国际搜救、精密单点定位等高质量服务。中长期，我们看好中国北斗产业的发展前景；当前，中国北斗产业正站在新一轮快速成长期的起点，布局正当时。重点推荐海格通信，关注中国卫星、航天宏图、华力创通、振芯科技等。

截至 8 月 25 日，A 股 165 家军工板块上市公司中，共有 91家发布 2019 年半年度报告，实现营业收入 1405.16 亿元，同比增长 10.61%，实现归母净利润 89.27 亿元，同比增长 20.58%。在 91 家公司中，共有 84 家公司实现盈利，7 家公司出现亏损；实现归母净利润同比增长的共有 62 家，其中增速大于 100%的有10 家，增速在 50%-100%的有 6 家，增速在 20%-50%之间的有 22家，增速在 0%-20%的有 24 家。 

斗机是用于在空中消灭敌机和其他飞航式空袭兵器、夺取制空权的军用飞机，一直是最受重视、发展最快的机种。回顾航空发展史，最先进的航空技术一般都首先用于战斗机，可以说战斗机的技术代表着航空科技发展的前沿，一定程度上反映了一国航空的实力和军用航空工业的发展水平。

本周中信国防军工指数涨跌幅 4.62%，位列 29 个一级板块涨跌幅第 6 位。国防军工三级行业中,国防军工、兵器兵装、航空军工、航天军工、其他军工均上涨，涨跌幅分别为 4.62%、8.34%、5.07%、4.63%、 3.64%。

国科环宇自成立之日起专注于航天关键电子系统的研发和应用，已获得经营所需的全部资质，至今已为数十个空间飞行器型号提供了关键电子系统的产品和服务，成为我国载人航天工程、北斗卫星导航系统、高分辨率对地观测系统等国家重大科项关键电子系统的核心供应商，是该领域极少数的市场化运作企业之一。凭借航天关键电子系统的技术优势，将应用扩展至机载、舰载、弹载、车载等军工领域和核能、高铁等特种工业领域，为上百个型号任务提供了配套。

申万军工板块中报披露过半，近 7 成公司业绩较去年同期实现增长。近几个季度军工板块景气持续上行，2019Q1 军工集团和军工板块业绩均加速增长，半年报行业业绩有望延续一季度快速增长的趋势。军工行业具有较强的逆周期属性和业绩确定性，国防预算和预算中装备费开支比例的增长，保障了行业订单增长的持续性。十三五末期，国防和军队现代化建设进入关键时点，重点武器装备有望加速列装，军工行业将受益于军品订单的快速释放。