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Washington, D.C., August 15, 2013 – On 21 February 1955, Richard M. Bissell, a senior CIA official, wrote a check on an Agency account for $1.25 million dollars and mailed it to the home of Kelly Johnson, chief engineer at the Lockheed Company's Burbank, California, plant. According to a newly declassified CIA history of the U-2 program obtained under the Freedom of Information Act by National Security Archive senior fellow Jeffrey T. Richelson, the Agency was about to sign a contract with Lockheed for $22.5 million to build 20 U-2 aircraft, but the company needed a cash infusion right away to keep the work going. Through the use of "unvouchered" funds — virtually free from any external oversight or accounting — the CIA could write checks to finance secret programs, such as the U-2. As it turned out, Lockheed produced the 20 aircraft at a total of $18,977,597 (including $1.9 million in profit), or less than $1 million per plane. It was all "under budget," a miracle in today's defense contracting world. Source Source
