Laser Light anticipates launching the first operational satellites in 2017.

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What really threatened the Joint Light Tactical Vehicle, though, was a proposal to refurbish the existing Humvee light truck so that it would no longer exhibit many of the operational deficiencies that had led planners to propose a new vehicle in the first place.

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"It will be tough, but they can do it, " says Thompson, who thinks Anheuser-Busch has the size and operational strength to both chase after more acquisitions and spend on rejuvenating Budweiser, Bud Light and its other traditional beers.

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