"Top Gun 2" is currently in production, some three decades after the original earned more than $350 million at the box office and walked away with the Oscar for best soundtrack with the classic "Take My Breath Away."

According to Collider, Skydance CEO David Ellison recently confirmed that the project is in the works and that Tom Cruise will again star in the featured role of Lt. Pete "Maverick" Mitchell.

"Justin Marks is writing the screenplay right now," said Ellison. "He has a phenomenal take to really update that world for what fighter pilots in the Navy has turned into today."

As such, the film is expected to touch upon the current trend in military warfare of drone technology and fifth generation fighters. Ellison said, "It's really exploring the end of an era of dogfighting and fighter pilots and what that culture is today."

As for Cruise, The New York Daily News added Ellison insisted, "There is no 'Top Gun' without Maverick, and it is going to be Maverick playing Maverick."

No word yet on if any of the other surviving, original, surviving cast members, such as Kelly McGillis (Charlotte "Charlie" Blackwell), Val Kilmer (Lt. Tom "Iceman" Kazanski), Tim Robbins (Lt. Samuel "Merlin" Wells) and Meg Ryan (Carole Bradshaw), will be returning for the sequel of the highest grossing film from all of 1986.

The movie will also be filmed in 3D and IMAX. The soon to be 55-year-old, three-time Oscar-nominated Cruise has also starred in such films as "Risky Business," "Interview with the Vampire," "The Color of Money," "Born on the Fourth of July," "Mission Impossible," "Jerry Maguire," "Eyes wide Shut," "All the Right Moves," "A Few Good Men," "The Last Samurai," "Rain Man" and "The Firm."