WW III nearly breaks out when a U.S. space capsule is swallowed up by what everyone believes is a Russian spaceship. Bond and the British government believe that it is the work of the S.P.E.C.T.R.E. organisation and must find out what their motives are.

A legion of superheroes, the likes of which mankind had never seen, must band together under the leadership of Allan Quatermain to save the world from "The Fantom" who is threatening to launch a global Armageddon.