Shortly after Pearl Harbor, a squadron of PT-boat crews in the Philippines must battle the Navy brass between skirmishes with the Japanese. The title says it all about the Navy's attitude towards the PT-boats and their crews.
Bumbling professor Ned Brainard accidentally invents flying rubber, or "Flubber", an incredible material that gains energy every time it strikes a hard surface. It allows for the invention of shoes that can allow jumps of amazing heights and enables a modified Model-T to fly. Unfortunately, no one is interested in the material except for Alonzo Hawk, a corrupt businessman who wants to steal the material for himself.