Those hoping for another Brad Bird-directed installment of Mission: Impossible (his work on the last film not only made it a tremendous hit for Paramount, but a giddy and insanely fun popcorn film) will have to finally let go, and it’s been reported today that the likely director of Mission: Impossible 5 will be writer/director Christopher McQuarrie.

As /Film points out, the news makes sense, as Mission: Impossible star Tom Cruise and McQuarrie have develops a solid working relationship over the last few years.  Not only did McQuarrie have a hand in writing the last Mission film, he wrote Cruise’s Valkyrie film, wrote and directed the upcoming Jack Reacher, and performed some script doctoring on the now likely abandoned Top Gun 2 project as well as Cruise’s All You Need is Kill.

Deadline reported today that McQuarrie is likely to helm the next entry into the Mission: Impossible franchise, though he will apparently not write the script (which has yet to materialize at this point).

Aside from McQuarrie’s likely involvement as the director, not much else is known about M:I 5.  Will Jeremy Renner return (he had been cast in M:I 4 to replace Cruise in later entries in the franchise, until Cruise decided he wanted to return for M:I 5)?  Will Cruise do that creepy android-run where he literally chops the air with his hands as he builds up speed?  Only time will tell.

What do you think of the M:I 5 news?