Nu Image/Millennium Films greenlights pic

John Rambo’s officially readying for a fifth mission.

Nu Image/Millennium Films has greenlit the franchise’s fifth installment, with Sylvester Stallone starring and directing, repeating his duties from 2008′s “Rambo.”

The upcoming project’s storyline revolves around Rambo fighting his way through human traffickers and drug lords to rescue a young girl abducted near the U.S.-Mexico border. Production will start in the spring.

The film will be produced by Avi Lerner, Kevin King Templeton and John Thompson. Danny Dimbort, Trevor Short and Boaz Davidson will exec produce.

Stallone had indicated in interviews that a fifth Rambo was in the works. He teamed with Nu Image/Millennium on the 2008 project, which grossed $42 million domestically and $113 million overseas.

Nu Image/Millennium is in post-production on “Expendables,” starring Stallone, Jason Statham, Jet Li and Mickey Rourke. The actioner’s set for release on April 23 through Lionsgate.

Rambo first appeared in the 1982 pic “First Blood,” followed in 1985 by “First Blood II” and in 1988 by “Rambo III.”

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