'CHANGING OF THE GUARD' Daddy's home. IRON MAN comes to Camp Hammond, and he's NOT happy. The first year of the Initiative comes to a dramatic close as members are laid to rest, drummed out, declared AWOL, or...awarded their full Hero's License. See who graduates and find out what super-teams they'll be assigned to as the NEXT era of the Initiative begins! Plus: as a new 3-D MAN appears, the base is suddenly short one Skrull...but not how you'd think... Also guest-starring MS. MARVEL!

Rated T+