According to an Air Force book of 1966, "On Dec. 30, 1947, the Air Force was given the responsibility by the Department of Defense for investigation of UFO sightings under the code name "Project SIGN"." (Aids to Identifying Unidentified Flying Objects, US Government Printing, 1966).
The public name, the one bandied about by Donald Keyhoe in his 1949 article and 1950 book, for the secret code was "Project Saucer." It is unclear if that was the Air Force term, or one created by Keyhoe to discuss the work he knew was going on.
In February of 1949 the project released a report that essential revealed the coalescing story being used to express the attitude of the military and the government to the subject.
Dec. 1949, the Air Force released a press statement they were shutting the book on the topic as they had learned nothing that threatened the security of the nation and alleged all sightings were mistakes, hysteria or hoaxes, or natural phenomena.
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