How the CIA Tried to Quell UFO Panic During the Cold War. In January 1953, the fledgling Central Intelligence Agency had a thorny situation on its hands. Reports of UFO sightings were mushrooming around the country. Press accounts were fanning public fascination—and concern. So the CIA convened a group of scientists to investigate whether these unknown phenomena in the sky represented a national security threat. But there was something else. At a time when growing Cold War anxiety about the Soviets ranged from psychological warfare to wholesale nuclear annihilation, the U.S. government worried about the prospect of a growing national hysteria. In the previous year, UFOs had begun to figure prominently in the public conversation. In April 1952, the popular magazine LIFE published a story titled “Have We Visitors from Space?” that promised to offer “scientific evidence that there is a real case for interplanetary saucers.” In July that year, newspaper headlines around the country blared reports of flying saucers swarming Washington, D.C. Between March and June that year, the number of UFO sightings officially reported to the U.S. Air Force jumped from 23 to 148. Given all the attention UFOs were getting, the CIA decided it needed a “national policy” for “what should be told the public regarding the phenomenon, in order to minimize the risk of panic,” according to government documents. The government tried to cover this up by simply saying it was hysteria.