From an Amazon.com review
The A-12 program is probably the single most expensive cancellation in the history of US defense acquisition. The US taxpayer ended up shelling out about $5 billion dollars and got.....nothing. (That would have bought over seven million of those $700 hammers you've heard about!) Mr. Stevenson takes a look at the origins of the program in the earliest research in "stealth" technology, how the Navy illegally started the program without Congressional funding, the lack of oversight of contractor performance, and the totally heinous behavior of the Secretary of Defense, who in April 1990 told Congress that "the program appears to be reasonably well-handled at this point" and six months later cancelled the program in such a manner that the prime contractors, McDonnell Douglas and General Dynamics, were able to win in court over $2 billion in costs PLUS $400 million in legal fees.
I worked at McAir during the period covered by this book. I watched about 6,000 hard-working engineers and technicians get laid off in a single week, and I had to do the work of three peoople after those layoffs, so yes, I'm pretty bitter about the whole thing. But anyone who pays taxes ought to be bitter about the totally irresponsible (and yes, illegal) way the program was conceived, awarded, managed, and terminated.
My only complaint is that the book covers only the top-level decision-making. You won't find any "lessons learned" on program management or personal stories of the fraud, waste, and abuse that went on. Oh, yes, in spite of assertions to the contrary, McDonnell and GD BOTH cooked the books and overspent WILDLY on travel, overtime, and facilities (although the description of GD's Building 500 [page 196] is a nice appetizer for the KIND of waste that I saw SO VERY MUCH of.) Still, this is the first time the story has been brought to the attention of the general public, and it's one that is more relevant than ever today. "Black" programs make up increasingly large percentages of the defense budget and it is nearly impossible for Congress to see just exactly what is being done with that money. Highly recommended reading.