By Dave Sebastian

L3Harris Technologies Inc. said its profit for the first quarter rose, though revenue fell due to divestitures and pandemic-related effects.

The Melbourne, Fla.-based aerospace and defense company on Friday posted net income of $466 million, compared with $194 million in the year-ago period. Earnings were $2.25 a share, compared with 99 cents a share in the prior year.

Adjusted earnings were $3.18 a share. Analysts polled by FactSet were expecting $2.96 a share.

Revenue fell 1.3% to $4.57 billion due to divestitures and Covid-19 effects on the company's commercial businesses, it said. Analysts were expecting $4.55 billion.

Revenue grew in the company's integrated mission systems, space and airborne systems and communication systems segments, while aviation systems revenue fell due to Covid-related effects.

Organic revenue rose 1.8% for the quarter as 4.8% growth in U.S. and international government businesses, excluding commercial aviation and public safety, offset the anticipated pandemic-related decline, the company said.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

04-30-21 0700ET