Elon Musk’s SpaceX wins US military national security mission contract | Science & Tech News

Elon Musk’s SpaceX has won a competitive contract to conduct secret national security launches for the US military, according to a US Air Force announcement.

It’s a well-paid privilege for the billionaire’s company at $316m (£241m) and one that the private spaceflight company has battled for too – having twice sued the US military after previously being denied similar contracts.

One launch has been confirmed for 2022, and the Pentagon expects it will use SpaceX for a dozen more missions up until 2026, but no details will be released about the classified payloads.

Image:
Elon Musk’s company previously sued the US over launch contracts

The contract for phase two of the National Security Space Launch (NSSL) programme will cover 40% of missions for the US Space Force.

The other 60% of launches will be handled, for $337m (£257m), by the United Launch Alliance – a joint venture between Boeing and

Read More

Just Eat Takeaway.com to create ‘thousands’ of jobs in UK | Business News

Thousands of jobs are to be created in the UK by food delivery giant Just Eat Takeaway.com, its boss had told Sky News.

Speaking to the Ian King Live programme, chief executive Jitse Groen said the firm was going to invest “tens of millions of pounds” in Britain as the company reported a 44% surge in revenue to €1bn in the first half of the year, driven by the coronavirus lockdown.

Mr Groen said with people stuck at home due to the COVID-19 restrictions then in force, it was “quite logical” there would be an increase in business.







‘No crystal ball’ on future of UK economy

The promise of employment will be welcome coming against a gloomy economic backdrop with confirmation the UK had dived into its largest recession on record and figures showing 730,000 jobs had been lost since lockdown began.

Just Eat Takeaway.com saw orders soar by 32%

Read More

Longer lockdown drove UK to one of deepest recessions in Europe

The UK can now claim the dubious distinction of having suffered one of the highest death tolls from coronavirus in Europe — and also one of the deepest recessions.

The second quarter’s 20.4 per cent fall in gross domestic product, shown in official data on Wednesday, was the biggest drop in output in any main European economy over the period. Although a recovery from April’s low point picked up speed in June, output remains 22.1 per cent below its level at the end of 2019.

This makes it the sharpest recession in the G7, and second only to Spain among European peers over the first half of the year — a period that captures national lockdowns that began earlier in some countries.

Economists say the length of the UK’s lockdown — more protracted, although less stringent than in some countries — was one reason for the depth of the downturn.

Read More

The UK’s future prosperity depends on a robust recovery

The collapse in Britain’s economic output in the second quarter of 2020 is a number for the history books. The economy shrank by a fifth due to lockdown measures aimed at containing the coronavirus pandemic. The fall easily outpaced the previous post-1955 record of a 2.7 per cent drop in 1974 when commercial use of electricity was limited to three days a week in the aftermath of the oil crisis. In the three months to June this year, Britain had the steepest drop in output of any European country.

Partly that reflects timing issues. The UK went into official lockdown on March 23, a week or more later than most western European counterparts, and began its phased reopening only in June, several weeks later than they did. That led to a steeper overall drop in output, which was more concentrated in the second quarter. Britain’s service-based economy meant a bigger

Read More