Tom Cruise signs on for "Mission: Impossible 5"

Tom Cruise arrives at the premiere of Universal Pictures' 'Oblivion' at Dolby Theatre on April 10, 2013, in Hollywood, Calif. Jason Merritt/Getty Images

The mission is still under tight wraps, but we do know that Tom Cruise has accepted.

Nearly two decades after launching the blockbuster "Mission: Impossible" series in 1996, Cruise has signed on to star in a fifth installment in the Paramount Pictures and Skydance Productions franchise, Deadline.com and EW.com have confirmed.

No director or writer has been named yet, but Cruise will produce. The last time the star took on the role of IMF agent Ethen Hunt in 2011's Brad Bird-directed "Mission: Impossible - Ghost Protocol," it turned out to be his highest grossing film ever, earning close to $700 million in the box office worldwide.

Deadline is reporting that "Jack Reacher" writer-director, Christopher McQuarrie, is at the top of the list to direct, but it has not been finalized or confirmed. Casting and plot details are also being kept top secret.

Tell us: Are you glad that Cruise has accepted another mission to play Ethan Hunt?

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