Tom Hanks stars in photo from Steven Spielberg spy film

PORTLAND, Ore., Dec. 19 (UPI) -- Tom Hanks stars in a first photo from Steven Spielberg's new spy film.

The picture shows the 58-year-old actor bundled up in a long wool coat, gloves and hat as he walks with the 68-year-old director along a snowy road. The movie is reportedly shooting at Beale Air Force Base outside Marysville, Calif.

Hanks will portray James Donovan, a real-life attorney who negotiated the release of captured U.S. pilot Frances Gary Powers during the Cold War. Powers was shot down in his U-2 plane during a C.I.A. reconnaissance mission in 1960.

"This is one of the more astonishing stories about the Cold War I'd ever heard," Spielberg told Entertainment Weekly. "James Donovan is a hero to me, and Tom made him so completely accessible. I've always wanted to make a spy movie, and this is that and then some."

First look: Steven Spielberg and Tom Hanks reteam for a Cold War spy mission: http://t.co/oOKNHZH1Re pic.twitter.com/oOo3H5wo0c

— Entertainment Weekly (@EW) December 18, 2014

Hanks previously collaborated with Spielberg on Saving Private Ryan, The Terminal and Catch Me If You Can. Joel and Ethan Coen wrote the screenplay for the yet-untitled spy film, and Alan Alda, Amy Ryan and Mark Rylance will also star.

Hanks last appeared as Walt Disney in Saving Mr. Banks in 2013. He is scheduled for a number of upcoming projects, including A Hologram for the King and Meg Ryan's directorial debut Ithaca, and will reprise Robert Langdon for Inferno and The Lost Symbol.