It stars Charlie Sheen, Cary Elwes, Valeria Golino, Lloyd Bridges, Jon Cryer, Kevin Dunn, Kristy Swanson, Bill Irwin, and Efrem Zimbalist Jr.[2] The film is primarily a parody of Top Gun, with some scenes spoofing other popular films, including 9½ Weeks, The Fabulous Baker Boys, Dances with Wolves, Marathon Man, Rocky, Superman, and Gone with the Wind.

A pilot named Leland "Buzz" Harley loses control of his plane and ejects, leaving his co-pilot Dominic "Mailman" Farnham to crash.

Block starts privately meeting with an airplane tycoon, Mr. Wilson, who has recently built a new "Super Fighter" that will make the American pilots superior.

Block believes this is enough to convince the Navy to buy new fighters, but Wilson calls it a "minor incident", saying the planes need to fail in combat.

Wilson, who is also on board, instructs a crew member to sabotage the planes, putting the pilots' lives at risk.

In the midst of the mission, Block mentions Buzz Harley to Topper, who has a panic attack and is unable to lead.

Principal photography was filmed throughout California in locations such as Hollywood Forever Cemetery and San Diego.