"It's true. It's true", he said.
There is no word yet on the story for Top Gun 2, which actors may return (besides Cruise), or who would direct. "It's happening. It is definitely happening".
"Top Gun" celebrated its 31st anniversary in the U.S. May 16.
"It's true. Yes. You know what, I'm gonna start filming it probably in the next year", Cruise said, practically beaming as he made the announcement.
Sensex, Nifty up after GST tax rates are announced
The stock would be included in the BSE 30-stock Sensex, effective June 19, according to an exchange notice on Friday. In the Europe, Paris CAC rose 0.07 per cent, while Frankfurt's up 0.04 per cent in their early deals.
Kilmer was also asked if the on-screen rivalry between his character Iceman and Cruise's character Maverick was present off-screen as well.
Cruise is now in Australia promoting the release of the latest film in The Mummy franchise, which hits cinemas on June 8.
A follow-up to Tony Scott's 1986 hit has been in the works for quite some time with Tom Cruise interested in reprising his role as United States Naval Aviator Lieutenant Pete "Maverick" Mitchell.
The comments came months after Top Gun producer Jerry Bruckheimer tweeted out a picture of Cruise and himself following a weekend of discussing "a little Top Gun 2".