For weeks, we've been following the trials and tribulations of Lockheed Martin
In fact, it just might be. Last week, DefenseNews.com confirmed India is taking a look at Honeywell's
Potential winnings: $2 billion in incremental revenues for Honeywell. That's about 5.8% of annual revenues for the company -- not a bad haul for entering a "competition" where the only other competitor has dropped out ...
Foolish takeaway
Expect Honeywell to capitalize on its good fortune by demanding a hefty profit on its engines – but not too hefty. If Honeywell gets greedy, it could cause India to rethink, and invite General Electric
The contract's not official yet, of course. Can Honeywell seal the deal? Add it to your watchlist and find out.