Washington, Jan 5 - Sylvester Stallone has announced the title of much-awaited ' Rambo 5'.

The movie that will star Stallone in the lead has been named 'Rambo: Last Blood', the Variety reported.

The 68-year-old actor simply tweeted that he'll be filming a gangster biopic about Gregory "The Grim Reaper" after shooting "Rambo: Last Blood."

He will also be writing and directing the 5th movie in the 'Rambo' series.

The American actor also tweeted that he's headed to Philadelphia to play 'Rocky Balboa' for the seventh time in director Ryan Coogler's 'Creed'. (ANI)