Vic Cooper (Stephen Baldwin) is an undercover agent with U.S. Customs who is dedicated to his job, but has a bad habit of getting too close to his adversaries for his own good. Back on the force after a suspension, Cooper is assigned to infiltrate a group of nomadic sky-diving enthusiasts led by Red Line (Tom Berenger), who are believed to be smuggling drugs to support their lifestyle. Red Line and the other members of his group call themselves "cut aways" -- people who have cut their ties with conventional society to feed their appetite for the adrenaline rush of sky-diving full time. Cooper impresses Red Line and his second-in-command, Turbo (Dennis Rodman), with his sky-diving skills, and he's soon invited to join the group. But true to form, as Cooper develops a closer friendship with Red Line, he finds it harder to report his wrongdoings, and Cooper doesn't do himself any more favors when he becomes romantically involved with Star (Maxine Bahns), a beautiful female diver. Cutaway also features Casper Van Dien as Red Line's nemesis Delmira.