We find that the cosmological constant was never truly banished from theoretical models of the universe, but was sidelined by astronomers for reasons of convenience. We also find that the return of the term to the forefront of modern cosmology did not occur as an abrupt paradigm shift due to one particular set of observations, but as the result of a number of empirical advances such as the measurement of present cosmic expansion using the Hubble Space Telescope, the measurement of past expansion using type SN 1a supernovae as standard candles, and the measurement of perturbations in the cosmic microwave background by balloon and satellite. We give a brief overview of contemporary interpretations of the physics underlying the cosmic constant and conclude with a synopsis of the famous cosmological constant problem. Various astronomical observations have been consistently making a strong case for the existence of a component of dark energy with negative pressure in the universe. It is now necessary to take the dark energy component(s) into account in gravitational lensing statistics and other cosmological tests.

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