Cloche continues to send his hired assassin to kill Steve Austin. Steve finds and interrogates Cloche's evil sidekick, who reveals Cloche's plan to control satellites and, in turn, the world. Cloche's and Steves romantic interest is kidnapped by Cloche to try to trap Steve.

Nine years after his retirement from the government, Colonel Steve Austin must again team up with Jaime Sommers to stop a terrorist group. Complicating matters for Austin are his estranged son Michael, who struggles for his father's acceptance as he graduates from flight school, and Jaime, who must cope with her and Steve's past.