The much-anticipated sequel to Top Gun: Maverick is officially underway, with Ehren Kruger taking charge of the script and Joe Kosinski returning as the director, as reported by The Hollywood Reporter. Tom Cruise, along with Miles Teller and Glen Powell, is set to reprise their roles in the upcoming Top Gun 3 installment.

This exciting development coincides with Tom Cruise’s recent deal with Warner Bros. Discovery, where he will star in and produce movies for the studio. It’s important to note that this arrangement is nonexclusive, allowing Cruise flexibility in his projects. The actor, renowned for leading roles in films like Top Gun, The Last Samurai, and the Mission: Impossible series, will have an office on the Warner Bros Discovery lot in Burbank.

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While Cruise has predominantly collaborated with Paramount for his recent film ventures, there was no formal deal in place. Despite speculation about strategic moves in the competitive headlines arena, insiders reveal that plans for the Top Gun sequel have quietly progressed since late fall.

Fans eager for the new Top Gun installment should temper their expectations, considering Cruise’s current commitment to the production of the eighth Mission: Impossible film. This commitment is expected to keep him occupied until its scheduled release in May 2025. Given the historical development timeline for Maverick, it’s reasonable to anticipate some time before the new Top Gun movie takes flight.

Tom Cruise’s cinematic legacy, spanning five decades, boasts films that have collectively earned over $12 billion globally. The 2022 release of Top Gun: Maverick alone grossed nearly $1.5 billion, according to measurement firm Comscore. Cruise’s most recent film, Mission: Impossible – Dead Reckoning Part One, generated a solid $568 million in worldwide box office proceeds.