Marks, who has wrote Street Fighter: The Legend Of Chun Li (2009), has several scripts floating around in various stages at different studios, including one called War Dogs that Bruckheimer was developing under his Walt Disney Pictures deal. Since moving to Paramount Pictures, the producer has been spearheading forward movement on several of his old franchises. And Disney have given Marks' career a boost recently, hiring him to write Jon Favreau's (Cowboys & Aliens) live action adaption of The Jungle Book.
Details on the sequel are still largely classified, but Cruise is apparently still in line to return as rule breaking pilot Maverick, now likely teaching at the academy and aiming to prove that human pilots are still relevant in a world of remotely piloted drones.
There is no director currently attached, and the project has already been though several writers including X-Men: First Class (2011) duo Ashley Miller and Zack Stentz and The Town's (2010) Peter Craig, but we could see this one way soon. As always, watch this space.