  We study the Morava $E$-theory (at a prime $p$) of $BGL_d(F)$, where $F$ is a
finite field with $|F|=1\pmod{p}$. Taking all $d$ together, we obtain a
structure with two products $\times$ and $\bullet$. We prove that it is a
polynomial ring under $\times$, and that the module of $\times$-indecomposables
inherits a $\bullet$-product, and we describe the structure of the resulting
ring. In the process, we prove many auxiliary structural results.
