March 9, 2017 / 1:45 AM / 5 months ago

BRIEF-Magellan Aerospace Corporation qtrly earnings per share $0.41

March 8 (Reuters) - Magellan Aerospace Corp

* Magellan Aerospace Corporation announces financial results

* Q4 revenue C$247.1 million versus I/B/E/S view C$250.4 million

* Qtrly earnings per share $0.41

* Traditional regional aircraft market is not expected to change in 2017

* Magellan Aerospace Corp - "many expect that U.S. Defense procurement spending will rise under new US administration"

* Magellan Aerospace - it is as yet unknown what impact political movement towards nationalism in U.S. and UK will have on global defense spending

* Magellan Aerospace- commercial rotorcraft & business jets markets remain down and are not expected to change much in 2017 Source text for Eikon: Further company coverage:

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