The 50-year-old is officially set for fifth instalment of the action franchise after inking a deal with Paramount Pictures and Skydance Productions, reported a newspaper. <img alt="Tom Cruise" src="http://images.mid-day.com/2013/jan/tom.jpg" style="width: 500px; height: 505px;" /> Tom Cruise Cruise could re-team with Christopher McQuarrie - who directed him in last year&#39;s &#39;Jack Reacher&#39; - on the project. The new film would follow 2011&#39;s hit blockbuster &#39;Mission: Impossible - Ghost Protocol&#39; which was well received by critics and earned nearly USD 700 million worldwide. That film was directed by Brad Bird and saw &#39;Avengers&#39; star Jeremy Renner join the franchise while Simon Pegg reprised his role as technician Benji Dunn. Meanwhile, Paramount and Skydance are also reportedly mulling a sequel to action flick &#39;Jack Reacher&#39;, which grossed over USD 200 million.u00a0

Tom Cruise has officially signed on to reprise his role as Ethan Hunt in 'Mission: Impossible 5' and Christopher McQuarrie may direct the film

Tom Cruise set for 'Mission: Impossible 5'

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Tom Cruise set for 'Mission: Impossible 5'

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