In 1977 Colonel Garnett Hill assembled a small group of dedicated civilian and military personnel whose objective was to thwart a long-term Nazi plan to develop an Aryan master race and Fourth Reich in the United States. The Nazi operation, known as The Volsung Project, was completely foiled. There would be no breeding ground for a Fourth Reich in the United States. Still, Colonel Hill admonished his team of agents to remain on guard and to leave "no loose ends."
A year later, during a routine night run on a coastal freighter from Buenos Aires to a port in Southern Argentina, Captain Juan Diaz, who had played a role in the demise of The Volsung Project, observes a brilliant light emanating from a supposedly uninhabited area along the Argentine coast. When he investigates the light source, he comes upon a WWII German submarine that has been carefully hidden and well maintained. He deduces it must be the U-Boat that sailed from Germany in 1944 and has been unaccounted for since then.