NEW YORK (Reuters) - Raytheon Co <RTN.N> said on Thursday first-quarter profit rose, helped by higher sales of its military and technology gear.

The U.S. No. 5 defense contractor reported quarterly profit of $398 million, or 92 cents per share, compared with $346 million, or 76 cents per share, in the year-ago quarter.

(Reporting by Bill Rigby, editing by Mark Porter)