Honeywell annual meeting takes place, Marv Davidov and other protestors speak

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No recording equipment allowed in meeting. Marv Davidov and other members of Honeywell Project urge Honeywell to stop making nuclear weapons and any arms systems used by Contra rebels in Nicaragua, wants Honeywell to move all operations and investments out of South Africa, and convert weapons factories to endeavors promoting peace and employment. Honeywell spokesman Edmund Spencer at subsequent news conference says 18 years of protest had have no effects on Honeywell business decisions. Honeywell thinks protestors are wrong, the way to bring peace into the world is for US to maintain a very strong defense position. Aerospace and defense division accounts for 27 percent of Honeyell earnings, in 1st quarter showed improvement while overall earnings down 43 percent. Spencer says Honeywell does mfr some systems used in bombing raid on Libya, but ll doesn?t know if Honeywell parts were used in that specific action.

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