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Aerospace & Defence Headlines

U.S. homebuilding retreats, manufacturing still struggling

U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.

NASA eyeing inflatable space lodges for moon, Mars and beyond

When astronauts orbit the moon or live on its surface in the decade ahead, they will probably be doing so inside inflatable space lodges now in development. Dozens of NASA officials and veteran astronauts are wrapping up a review of five space habitat mockups built by different companies. The mockups offer the U.S. space agency ideas for an ideal Gateway - the planned research outpost in lunar orbit that will house and transfer astronauts to the surface of the moon.

Honeywell cuts full-year revenue forecast after miss

Diversified manufacturer Honeywell International Inc fell short of Wall Street estimates for quarterly revenue on Thursday and cut its full-year sales forecast, as its customers remain cautious about capital spending amid a slowing global economy.

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