Well, if JJ Abrams and Tom Cruise get their way. The fifth installment of the popular spy franchise is still in the very early stages, a writer hasn't even been announced yet, but McQuarrie, director of Cruise's upcoming Jack Reacher and Oscar winning script writer for The Usual Suspects, is currently the top choice to take over directing duties from Brad Bird. Both Abrams and Cruise are said to want McQuarrie, who has written most of Cruise's recent films, including Jack Reacher, and the currently filming All You Is Kill, for the role, but the decision lies in the hands of the heads of Paramount Pictures.
I would have liked Brad Bird to return for this installment. He absolutely knocked it out of the park with Ghost Protocol, but McQuarrie is an accomplished director also. His first film, Way Of The Gun, is an all time favorite of mine, and Jack Reacher is shaping up to be good aswell. As always, when we hear more, you'll hear more.
Source: Deadline