Lockheed L-2000 Supersonic Transport. 1961 President John F. Kennedy committed the government to subsidizing 75% of the development of a commercial airliner to compete with the Concord. the program was launched June 5th, 1963 and Boeing, Lockheed and North American responded. North American dropped out and Boeing and Lockheed had the design ready 1966 and presented two full scale mock ups. December 31st, 1966 FAA selected the Boeing design. The US Congress stopped funding for the Boeing project 71-03-24.