Confirming rumors, Activision has revealed the next game in its billion-dollar shooter franchise; titled Call of Duty: Ghosts. The military-based FPS will arrive on the PC, Xbox 360 and PlayStation 3 on November 5, and on "next-generation platforms" on an unspecified date. No Wii U version was announced.

A press release reveals the next-gen version of Ghosts will sport an all-new engine "from the developer that started it all, Infinity Ward." The series has been using the same engine, with numerous annual modifications, since 2005.

Saying it would have been "safe" for Infinity Ward to develop a fourth entry in the Modern Warfare series, Mark Rubin, executive producer of developer Infinity Ward, noted his team saw the next generation of consoles as the "perfect opportunity" to start a new chapter for the franchise. "So we're building a new sub-brand, a new engine, and a lot of new ideas and experiences for our players," he added.

Activision will debut the next-gen version of Call of Duty: Ghosts - and revealing its new engine to the world - during Microsoft's upcoming Xbox 'Next Generation' event on May 21.

Ghosts features an "all-new gameplay experience built on an entirely new story, setting and cast of characters," the press release further detailed.

An onslaught of additional info and explosion-filled marketing is expected closer to E3 2013.