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Word: 1billion (lookup in dictionary) (lookup stats)
Dates: during 1963-1963
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Usage:

...weapon that "will last a generation. The terms are very good." Many other Britons were not so sure. Though the government will shoulder none of the $800 million development cost of Polaris, it has already poured $28 million into Skybolt and will have to spend perhaps $1billion more for a fleet of missile-packing submarines. At best, the British will not be able to design, build and prove its nuclear fleet before 1970, three years after Britain's bomber force has presumably become obsolete...

Author: /time Magazine | Title: The Allies: After Nassau | 1/4/1963 | See Source »

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