| Issue | #254 |
| Published | March 1990 |
| Cover Price | 1.00 USD; 1.25 CAD |
| Pages | 36 |
| Editing | Howard Mackie |
| Characters | Iron Man; Spymaster [as Santa Claus] |
| Genre | superhero |
| Pencils | Bob Layton |
| Inks | Bob Layton |
| Letters | Typeset |
| Characters | Iron Man; GUESTS: James Rhodes; Marcy Pearson; Rae La Coste; VILLAINS: Taskmaster; Spymaster |
| Synopsis | Tony is still desperately searching for Madame Masque but takes some time off to attend his annual charity Christmas gala for orphaned children; Taskmaster is training a batch of recruits to single out a new enforcer for Justin Hammer; When one student makes the grade (by killing his fellow pupils), Taskmaster gives him the Spymaster uniform and sends him on a final task to prove he is up for the job; Spymaster infiltrates Tony's party as Santa Clause and battles Iron Man when his identity is exposed; Fearing for the safety of the children, Iron Man lets him take the trophy he is after and lets him return to Taskmaster. |
| Genre | superhero |
| Script | Bob Layton |
| Pencils | Bob Layton |
| Inks | Bob Layton |
| Colors | Paul Becton |
| Letters | Janice Chiang |
| Notes | Taskmaster appearance per David Wiltfong, 12/5/2005. |
| Characters | Iron Man |
| Genre | superhero |
| Script | Bob Layton |
| Pencils | John Romita Jr. |
| Inks | Bob Layton |
| Colors | Paul Becton |
| Letters | Janice Chiang |
| Notes | Promo illustration for upcoming storyline. |