Cold War: U-2 Crisis of 1960: Soviet leader Nikita Khrushchev announces that his nation is holding American U-2 pilot Gary Powers.

The Cold War was a period of global geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which began in the aftermath of the Second World War and ended with the dissolution of the Soviet Union in 1991. The term cold war is used because there was no direct fighting between the two superpowers, though each supported opposing sides in regional conflicts known as proxy wars. In addition to the struggle for ideological and economic influence and an arms race in both conventional and nuclear weapons, the Cold War was expressed through technological rivalries such as the Space Race, espionage, propaganda campaigns, embargoes, and sports diplomacy.

On 1 May 1960, a United States U-2 spy plane was shot down by the Soviet Air Defence Forces while conducting photographic aerial reconnaissance inside Soviet territory. Flown by American pilot Francis Gary Powers, the aircraft had taken off from Peshawar, Pakistan, and crashed near Sverdlovsk, after being hit by a surface-to-air missile. Powers parachuted to the ground and was captured.

Nikita Sergeyevich Khrushchev was the First Secretary of the Communist Party of the Soviet Union from 1953 to 1964 and the Chairman of the Council of Ministers (premier) from 1958 to 1964. As leader, he stunned the communist world by denouncing his predecessor Joseph Stalin and launching a campaign of de-Stalinization, and presided over the Cuban Missile Crisis in 1962.

The Lockheed U-2, nicknamed the "Dragon Lady", is an American single-engine, high–altitude reconnaissance aircraft operated by the United States Air Force (USAF) and the Central Intelligence Agency (CIA) since the 1950s. Designed for all-weather, day-and-night intelligence gathering at altitudes above 70,000 feet, 21,300 meters, the U-2 has played a pivotal role in aerial surveillance for decades.