The last 70s James Bond, also the last one directed by Lewis Gilbert. It feels a bit like a last hurrah, mostly because the first hour is one big repetition of scenes and tricks from earlier films. It isn't until Bond is sent into space that things start to become interesting and Moonraker comes into its own.
The US is sending one of their Moonraker rockets to the UK. Midway the journey the transport airplane is shot down, when they inspect the remains the Moonraker rocket is missing. The UK puts Bond on the case, who runs into some old enemies. After traveling half the world, it seems the real answer lies in space.
The first hour is a bit dull. Boat chases, fights on top of cable ways, various exotic locations. It's vintage Bond, but it's becoming a little repetitive. The scenes in space are way more fun though. Goofy and ridiculous, but that's when James Bond is at his best. Overall a pretty decent entry in the franchise, mostly thanks to the second half.