On September 5, 1972, terrorists from the "Black September" organization break into the residence of the Israeli athletes at the Munich Olympics, murdering two and holding nine hostages. The German government fails in its rescue operation, and all the hostages are murdered. The Israeli government, headed by Golda Meir, decides to eliminate all members of the "Black September" organization who were involved in the attack.

Black September's operatives are revealed through personal struggles. Abu-Iyad is haunted by his past, while Salame battles with Najar for power. Harari, sets up a strike team in Europe, successfully assassinating a key operative inBlack September's operatives are revealed through personal struggles. Abu-Iyad is haunted by his past, while Salame battles with Najar for power. Harari, sets up a strike team in Europe, successfully assassinating a key operative in Paris.

A Mossad source infiltrates Black September but is exposed, endangering the Mossad team. Salame and Abu-Iyad plan a terror attack in Rome. Mossad tries to assassinate their arms dealer, but Zamir cancels to avoid collateral damage.