RENEE MONTAGNE, host: Here's more news of aviation links between the U.S. and Great Britain. Yesterday, General Electric struck a deal to buy the aerospace division of a major British conglomerate, Smith Group. It's a $4.8 billion purchase, and it would allow GE to expand its own aviation business beyond engines into landing gear, propellers and flight management systems.</s>RENEE MONTAGNE, host: The Wall Street Journal reports today that the deal is part of GE's plan to move in on faster-growing markets. The deal still needs approval from U.S. and European regulators.
General Electric has made a deal to buy the aerospace division of a major British conglomerate, Smith Group. The $4.8 billion purchase would allow GE to expand its own aviation business into landing gear, propellers and flight-management systems.