A new rumor suggests that the Third Star Wars Spin-Off Movie will be Red 5, supposedly set to follow an X-Wing squadron. Neither LucasFilm nor Disney has confirmed this as fact.

The news comes from a German website that reportedly attended a Hasbro conference where future Star Wars merchandising plans were revealed. There, a theatrical release schedule was shown to those in attendance. This line-up kicks off in 2014 with the Disney XD animated series Star Wars Rebels, followed by the new trilogy, which begins in 2015 with Star Wars: Episode VII. In between each sequel will be a spin-off. The first two are the Untitled Star Wars Han Solo Spin-Off and the Untitled Star Wars Bob Feet Spin-Off, which have been rumored since Disney acquired LucasFilm way back in 2012. The last film, though, is new. If we're to believe this report, we will be getting a standalone film titled Red 5.

Here is the rundown.

While this news could certainly be made up, both Jedi News and Making Star Wars were asked to take down their stories shortly after posting, which adds a hint of authenticity to the rumor.

For those well versed in Star Wars, you already know that Luke Skywalker's X-Wing fighter code name was Red 5, being the fifth pilot in the Red Squadron during the Death Star attack. Throughout the history of Star Wars, many pilots have used the code name. Its also possible that the title refers to the five pilots of Red Squadron, sort of like The Dirty Dozen or The Hateful Eight.

Its speculated that the movie could be about a young Luke Skywalker and his years with the Rebel Alliance as a pilot between the events seen in Star Wars: Episode IV - A New Hope and Star Wars: Episode V - The Empire Strikes Back, as he earns his stripes. It could also be about a pilot who inherits the Red 5 code name. It will certainly be about a squadron of X-Wing fighter pilots going on missions, whoever the central character ends up being.

With Star Wars Rebels included on the list, its possible that Red 5 is another TV show, one that will focus solely on the X-Wing pilots of the Rebel Alliance.

Is any of this true? Do you want it to be? A standalone movie or TV series about X-Wing fighter pilots sounds pretty cool and a logical direction to go.