F/X man Rollie Tyler is now a toymaker. Mike, the ex-husband of his girlfriend Kim, is a cop. He asks Rollie to help catch a killer. The operation goes well until some unknown man kills both the killer and Mike. Mike’s boss, Silak says it was the killer who killed Mike but Rollie knows it wasn’t. Obviously, Silak is involved with Mike’s death, so he calls on Leo McCarthy, the cop from the last movie, who is now a P.I., for help and they discover it’s not just Silak they have to worry about.
While Chappy Sinclair is saddled with a bunch of misfits and delinquents for his flight school, he turns to his protégé Doug Masters to assist him in rounding them into shape for an important competition. During their training, they stumble upon a group of subversive air force officers who are dealing in toxic waste as a sideline.