Steven Spielberg will not direct Bradley Cooper in 'American Sniper'

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Actor Bradley Cooper speaks at the closing session of the National Conference on Mental Health, Monday, June 3, 2013, in the South Court Auditorium on the White House complex in Washington. The conference is part of the Administration’s effort to launch a national conversation to increase understanding and awareness of mental health. (AP Photo/Susan Walsh)

Steven Spielberg has officially dropped out of directing American Sniper, which includes working with Bradley Cooper - much to the disappointment of fans worldwide.

Deadline reports Spielberg exited the directorial gig after he felt he would not be given the budget necessary to execute his vision for the film. The filmmaker announced he was joining the project in May.

Cooper, who's also producing the film, is slated to star as Navy SEAL Chris Kyle, the fallen marksman also considered "the most lethal sniper in American military history." The film will be based on Kyle's memoir, American Sniper, which recounted his tours during the Iraq War. Kyle was killed in February back home by a vet impacted by posttraumatic stress syndrome.

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