Great suggestion, HamMan 2118. And, yes, I considered the fact that the cockpit gauge is MPH and the HUD is KPH, but forgot to mention it in my original post.
However, the issue is still the same. Conversion of MPH vs KPH uses a factor of 1.609. The discrepancy between the gauges in approx. 0.87.
And the relationship between MPH and KPH is reversed. The cockpit (MPH) should be a smaller number than the HUD (KPH).
I’m hoping this is something I can tweak in a .cfg file.
This, and it’s subtle in context, so to clarify, I think OP is converting to/from kilometers per hour, when the conversion should be, as you said, knots (nautical miles per hour) to (statute) miles per hour.
1 knot = 1.15 miles per hour
1 mile per hour = 0.87 knots
Thanks, CharlieFox00. That nailed it. I was misreading the HUD gauge. It is indeed knots and not kilometers. Now that I am looking at it correctly, it now makes sense.