In a surprising turn of events, Paramount Pictures is set to launch the iconic “Top Gun” franchise into the skies once again with the development of “Top Gun 3.” Even as Hollywood megastar Tom Cruise recently signed a non-exclusive deal with Warner Bros., his commitment to Paramount remains strong, showcasing the enduring partnership between the actor and the studio.

The news, first reported by Puck, reveals that “Top Gun 3” is currently in the works at Paramount, with Ehren Kruger, co-writer of “Top Gun: Maverick,” crafting the script. The intention is to reunite Cruise with his “Maverick” co-stars, Miles Teller and Glen Powell, as well as producers Jerry Bruckheimer and David Ellison. Joe Kosinski, director of “Maverick,” is expected to return to either direct or produce the upcoming installment.

Lucifer is Back (NETFLIX): Players 2024

“Top Gun: Maverick,” released in 2022, proved to be a massive success, becoming the highest-grossing film of Tom Cruise’s career, raking in an impressive $1.49 billion globally. The film not only secured Cruise’s status as a box office powerhouse but also earned an Academy Award for Best Sound and garnered six Oscar nominations, including Best Picture.

The announcement of “Top Gun 3” comes on the heels of Tom Cruise’s strategic partnership with Warner Bros. While the details of Cruise’s deal with Warner Bros. have been generating headlines, Paramount is making it clear that Cruise’s association with the studio is far from over. Currently engrossed in filming “Mission: Impossible 8” for Paramount, Cruise’s schedule is expected to remain occupied until at least its release in May 2025.

The timeline for “Top Gun 3” remains uncertain, given Cruise’s packed schedule and the meticulous development process typical of such high-profile projects. Nevertheless, industry insiders speculate that it could potentially be Cruise’s next major project following the completion of “Mission: Impossible 8.”

It’s worth noting that David Ellison’s Skydance, a producer on “Top Gun: Maverick,” is actively involved in a bid to acquire National Amusements. This bid, if successful, could have implications for Paramount’s future, considering National Amusements’ significant stake in the studio.

The revival of the “Top Gun” franchise not only underscores the enduring popularity of the series but also solidifies Tom Cruise’s position as an in-demand star in Hollywood. As studios compete for his time and attention, it seems Cruise’s star power continues to soar, promising exciting projects for years to come.

While the exact plot details and release date for “Top Gun 3” are yet to be revealed, fans of the high-flying franchise can undoubtedly anticipate another thrilling adventure with Tom Cruise back in the cockpit.