Hammer is arrested while Romanoff and Stark's bodyguard Happy Hogan attempt to capture Vanko. Stark arrives in his new armor to warn Rhodes, but Vanko seizes control of both the drones and Rhodes' armor and attacks Iron Man. Vanko reveals to Stark that he is still alive and seeking revenge so Stark uses the untested element, ending his palladium dependency.Īt the Expo, Hammer unveils Vanko's armored drones, led by Rhodes in a heavily weaponized version of the Mark II armor. With the aid of his computer J.A.R.V.I.S., Stark synthesizes it. Fury gives him some of his father's old material a hidden message in the diorama of the 1974 Stark Expo proves to be a diagram of the structure of a new element. Nick Fury, S.H.I.E.L.D.'s director, approaches Stark, revealing Rushman as undercover agent Natasha Romanoff and that Howard Stark was a S.H.I.E.L.D. After fighting with Stark, Rhodes delivers the armor to the U.S. The battle ends when the combatants both fire repulsor beams at each other, creating a huge explosion. Rhodes dons Stark's Mark II armor and battles Stark. Air Force Lieutenant Colonel James Rhodes, to intervene. At what he believes is his final birthday party, Stark gets drunk while using the Iron Man armor, forcing his friend, U.S. Hammer, who equals Stark on narcissism and arrogance, wishes to not only defeat his rival in military contracts, but also wishes to absolutely destroy his legacy. Rival defense contractor Justin Hammer fakes Vanko's death and recruits him to perfect a line of armored suits to upstage Stark. Anton was deported to his native Soviet Union following attempts to profit from the technology and died in poverty, explaining Vanko's desire for revenge on the Stark family.
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Stark defeats Vanko with the aid of his portable briefcase armor, and learns that Vanko is the son of his father's old partner, Anton Vanko, who had collaborated with Howard on the first arc reactor. While Stark is racing at the Circuit de Monaco, he is attacked by Vanko, who uses his arc reactor to power whip-like energy weapons. Growing increasingly despondent and reckless due to his impending death, and choosing not to tell anyone about his condition, Stark appoints his personal assistant Pepper Potts CEO of Stark Industries, and hires Stark employee Natalie Rushman to replace her as his personal assistant. The Palladium Core in the Arc Reactor that keeps Stark alive and powers the armor is slowly poisoning him, and he has failed to find a substitute. Stark refuses, claiming that foreign nations and business competitors are decades away from recreating his work, and that it is his property. Senator Stern demands that Stark turn over the Iron Man technology to the government. He re-institutes the Stark Expo in Flushing Meadows to continue his father Howard's legacy. Six months later, Stark has used his armor to help maintain world peace. Ivan Vanko, whose father Anton Vanko has just died, sees this and begins building an arc reactor similar to Stark's. In Russia, the news media covers Tony Stark's disclosure of his identity as Iron Man.