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GE Aviation Systems (formerly Smiths Aerospace) is the largest European based aerospace equipment company with its businesses and sales revenues split between Europe and North America. Smiths Aerospace was formerly one of four business units of Smiths Group plc., an engineering company and constituent of the FTSE 100 share index. However, it was announced on January 15, 2007 that Smiths Group was divesting Smiths Aerospace to General Electric for £2.4 billion (US$ 4.8 billion).[2] Smiths Aerospace, which was an important supplier, became an operating subsidiary of GE Aviation. This acquisition will reportedly give the combined unit the clout to resist pricing pressures from its two largest customers, Boeing Commercial Airplanes and Airbus.[2] Analysts further assert that it will enable General Electric to acquire assets similar to those which it desired in its failed bid for Honeywell in 2000.[2] GE Aviation closed the transaction on May 4, 2007.[3] [edit] Products
The company is involved with Boeing's KC-767[4] and F/A-18E/F Super Hornet, Lockheed Martin's F-35 Lightning II, F-22 Raptor, and C-130J Hercules, and the Eurofighter Typhoon. Smiths engine components equip many major military and civil gas turbine engines, providing critical technologies from intake to exhaust. [edit] HistorySmiths Aerospace was formed from the take over of TI Group's aerospace activities, including firms such as Dowty Rotol. [edit] References
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