After a year of development,Top Gun 3is not quite ready for takeoff.

So heres what the storys going to be.

Its going to be Payback.

Jay Ellis wears a flight helmet and sits in a cockpit in a still from ‘Top Gun: Maverick’.

Jay Ellis in ‘Top Gun: Maverick’ (2022)Paramount Pictures/Courtesy Everett Collection

No, no, he jokingly toldUs Weekly.

In all honesty, theyre still working on the script.

Theyre still working on the story.

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Tom Cruise in ‘Top Gun: Maverick’Scott Garfield / © Paramount Pictures / Courtesy Everett Collection

Theyre wanting to get it right.

Thats where the focus is.

Last January,Top Gun 3was reported asin developmentat Paramount, following Cruises non-exclusive pact with Warner Bros. Joe Kosinski, will reportedly either direct or produce.

Top Gun: Maverickis the highest grossing movie of Cruises career at $1.49 billion.

It won an Oscar for Best Sound and was nominated for six Academy Awards, including Best Picture.