Honeywell Inc. Wins Contract Worth More Than $99 Million: The company said it won a contract to produce color, flat-panel cockpit displays and display generators for Lockheed Martin Corp.'s F-16 fighter aircraft. The project by Lockheed Martin Tactical Aircraft Systems will result in the first color displays for the F-16 cockpit to present radar, weapon and system information. Honeywell Defense Avionics Systems in Albuquerque, N.M., which developed the display systems, will produce them under the agreement. Delivery of a portion of the units will begin in March, 1996. They will be used in new F-16 aircraft Lockheed Martin is producing for Taiwan’s air force. Delivery of the remaining units will begin in November, 1996, for additional Taiwan aircraft and to upgrade kits that Belgium, Denmark, Norway and the Netherlands will use in their existing fleets of F-16 A/B aircraft. Honeywell, with 50,000 employees in 95 countries, had 1994 sales of $6.1 billion.
<i> Times Staff and Wire Reports</i>