Crooked U.S. soldiers are stationed on an American Army base in West Germany during the waning days of the cold war. Special Fourth Class Elwood guards against the Soviets while on duty, and rips off the U.S. military while off duty. Elwood runs a profitable black-market business that operates just below the official radar. One day, he and his gang uncover some loot that will land them some real money - high-tech military weaponry. As they try to quietly offload the stuff, the new sergeant catches on to the nefarious deeds and sets out to put him out of business.