If you thought all the new Terminators in Terminator: Salvation are awesome, wait till Terminator 5! Variety is reporting Halcyon Co. toppers Derek Anderson and Victor Kubicek are developing a fifth installment of the man-vs.-machine franchise.

Based on reports, McG will be returning to direct the fifth installment of the series.

In the spirit of the expanding global market, McG is considering filming the next movie in the middle east.

If all goes well, the sequel will hit screens in 2011.