Dec 5 (Reuters) - Fitch:
* Fitch says outlook for global aerospace & defense shifts to positive
* Says revised trade policies emerging from recent US election could hamper competitiveness of North American commercial aerospace companies
* "We expect relevant parts of addressable global defense market to rise between 3% and 5% over next three years"
* Change in sector outlook reflects projected 8% increase in large commercial aircraft deliveries, 3% forecast growth in relevant defense markets Source text for Eikon: