Pacific Scientific Co.: The Newport Beach manufacturer...

Pacific Scientific Co.: The Newport Beach manufacturer of electrical and aircraft safety equipment reported a first-quarter profit of $2.2 million, or 41 cents a share. That included a gain of $1.1 million, or 20 cents a share, from an accounting change. That compared to a profit of $1.1 million, or 20 cents a share, for the first quarter of 1991. Three-month sales rose slightly to $41.4 million from $41 million.