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It's certainly possible.  1974 might have been a very rough order of magnitude estimate, with these studies (probably early 1975) were exploring the design space a bit. 


Cooperative Engagement was one of those things that was promised from the early days of AEGIS but took forever to actually come into service.  Conceived in the 1970s, didn't even become a Navy acquisition program until 1992, not seriously fielded until the late 1990s or even 2000s.


[URL unfurl="true"]https://www.jhuapl.edu/Content/techdigest/pdf/V16-N04/16-04-APLteam.pdf[/URL]


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