Dr. Charles Henry Moffet, designer and creator of Airwolf, a powerful and formidable combat helicopter, steals his creation and leaves his former employees for dead after a terrifying attack. The Firm, a secret government branch, hire former combatant pilot Stringfellow Hawke and Dominic Santini to recover Airwolf but Stringfellow becomes attached to a Firm operative, and Moffet is eager to escalate the stakes in Airwolf...
Hawke goes undercover as an exchange pilot as The firm learns that someone in the Air Force is trying to steal a jet. Dominic plays a maintenance employee. But Hawke is soon facing a dilemma when he learns that his old buddy, Major Roper, has devised the plan in order to save his son held captive by the Soviets.
Hawke is asked to bestow a delayed honor to Billy Fargo, the brother of one of his friends killed in Vietnam. Billy lives in a small village in Canada where a strange ambiance reigns and where Hawke is about to discover something abnormal... there are no children.
St John Hawke is manipulated by his captors into giving his brother Stringfellow clues to his location. "The Company", a new front for "The Firm", goes through drastic changes, and String is severely injured in an explosion that costs Dominic his life. Only a new team can now hope to uncover the true mysteries of "Operation Blackjack" and use Airwolf to successfully free St. John once and for all.