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Boeing Gets Additional ABL Contract

May 27, 2004 :: Forbes :: 

Boeing was today awarded a $500 million contract by the Department of Defense, for making improvements to the Airborne Laser. The contract comes some four days after the completion of a ground test at Edwards AFB, California, of the exhaust system for the laser.
        Update: Defense News reported that the General Accounting Office issued a statement on May 19 saying the cost of the ABL program has doubled and might be projected to triple. Originally, in 1996, the price tag was set at $1 billion, but is now at $2 billion. An additional $431 to $943 million is likely needed for the program.  (Article)

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