The ENIAC's design and construction were financed by the United States Army during World War II. The construction contract was signed on June 5, 1943, and work on computer was begun in secret by the University of Pennsylvania's Moore School of Electrical Engineering starting the following month under the code name "Project PX". The completed machine was unveiled on February 14, 1946 at the University of Pennsylvania, having cost almost $500,000. It was formally accepted by the U.S. Army Ordnance Corps in July 1946. ENIAC was shut down on November 9, 1946 for a refurbishment and a memory upgrade, and was transferred to Aberdeen Proving Ground, Maryland in 1947. There, on July 29, 1947, it was turned on and would be in continuous operation until 11:45 p.m. on October 2, 1955.
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