to $ million in ). Stelson was left in charge of the station's reorganization and was named interim director upon Long's departure in 1975. During his tenure, Stelson reorganized the station into eight semi-autonomous laboratories in order to allow each to develop a specialization and clientele, a model it retains (with slight modifications) to this day. The Engineering Experiment Station was renamed the Georgia Tech Research Institute in 1984. A separate organization originally called the Industrial Development Council, changed its name to the Georgia Tech Research Institute in February 1946, and finally to the Georgia Tech Research Corporation in 1984. There are legal difficulties when an American university wishes to accept contracts from some entities, especially the federal government, so the second organization is a contracting organization. Most importantly, it allows the university to perform multi-year contracts that are not possible under state law, which requires that money received must be spent in the same fiscal year. The name change coincided with a shift in focus toward obtaining industrial research contracts in addition to its contracts with the federal government. GTRI expanded its footprint in the mid to late 1980s: the Centennial Research Building opened on the north end of the Georgia Tech campus in 1985, providing expanded lab and office space, and the electromagnetic radiation measurement range was established at GTRI's Cobb County research facility. Recent history From 1992 to 1997, retired Vice Admiral Richard H. Truly was GTRI's director. Truly helped GTRI survive a recession and the end of the Cold War despite its dependence on United States Department of Defense (DOD) contracts. During his tenure the percentage of GTRI's budget from the DOD did experience a small decrease (from 76 percent to 70 percent), but this was balanced by increased research in other fields. In 1997, GTRI passed $100 million in research contracts, with 546 awards for $103,061,780 (equivalent to $ in ). One of GTRI's more widely used (and ongoing) products, FalconView, was initially developed in the early 1990s; it is a geographic information system that allows pilots to plot flight paths while integrating real-time military intelligence. Truly was replaced by Edward K. Reedy, who served from 1998 to 2003. Reedy encouraged funding researchers who had ideas that needed support, and introduced a new cost accounting standard for recovering indirect expenditures. Reedy was particularly influential in securing the $7.3 million in funding required to build the