When a new weather satellite is mysteriously shot down by a missile, the team traces the missile's source to an island near Australia. They find the island fortified and under the command of a terrorist organization known as COBRA. The terrorists imprison the team, thinking that they are spies. The nuclear reactor on the island begins to suffer problems that threaten to cause an explosion that could destroy the island. Godzilla must rescue the team, stop COBRA and prevent the reactor from exploding.