'Mission: Impossible 6' sets Summer 2018 release date

LOS ANGELES, Nov. 9 (UPI) -- Paramount Pictures has announced that the next entry in their lucrative spy-action series Mission: Impossible 6 will hit theaters in Summer 2018.

According to Deadline, Tom Cruise will be returning as IMF agent Ethan Hunt on July 27, 2018, similar to the release date of Mission: Impossible - Rogue Nation in 2015 that brought in $682 million worldwide at the box office.

Directed by Rogue Nation helmer Christopher McQuarrie, the project will reunite Cruise, who is also a producer, with series stars Ving Rhames, Jeremy Renner, Simon Pegg and Rebecca Ferguson.

Previously, Cruise said the sequel would have "more incredible set pieces, stunts,..and what I think is a very entertaining and compelling story." according to Variety.

Outside of Mission: Impossible 6, Paramount also set their upcoming comedy-drama Downsizing starring Matt Damon to launch on Dec. 22, 2017. The film about a man who shrinks himself also stars Christoph Waltz, Kristen Wiig, Jason Sudeikis, Alec Baldwin and Neil Patrick Harris.