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Sylvester Stallone Working On 'Rambo 5'

April 30th, 2012 11:00am EDT

Rambo

Sylvester Stallone is set to don his famed red headband once more - he's working on a fifth Rambo blockbuster.

The action star last reprised his role of the Vietnam veteran in 2008's Rambo, and he's revealed he's writing a draft for one final installment for his classic character to give him a fitting send off.

When asked if there are more Rambo stories to tell, the 65-year-old told MTV, "I know there is. It's one thing where you lay down the final culmination of your life where you can articulate it, but also act on it where he realizes what his destiny really is. It's not to be a farmer, it's not to be obscure - it's to go out in a blaze of glory in a heroic fashion..."

"That's who he is. I'm working on a formula for it right now."

Rambo

Photo Credits: PR Photos , Lions Gate Entertainment