343 Industries has revealed that Halo 5: Guardians will arrive on the Xbox One in Fall of 2015.

The announcement was posted on a blog post from Bonnie Ross, general manager at 343:

"Halo 5: Guardians” is a bigger effort than “Halo 4.” That applies to the content and scope of the game, as well as the technology in what’s now a brand new and more powerful engine. Certainly there are some core elements carried over from prior games, but we’ve invested a huge effort in retooling our tech to take full advantage of the Xbox One’s hardware and ecosystem to create worlds and experiences worthy of next-gen."

It's a game that will hopefully demonstrate the talent, learnings and abilities of the 343 Industries team. A game that will incorporate the things we learned from "Halo 4" about technology, aesthetics, performance and scale – and perhaps more importantly, understanding and embracing a community of gamers who love what lies at the heart of this game, and the limitless potential of the "Halo" universe."

Halo 5 will run "at 60 frames per second, on dedicated servers, with the scope, features and scale we've been dreaming of for more than a decade."

Ross also noted that Microsoft will release more information at the E3 2014 media briefing, which will take place next month starting on June 9.

"Many fans noted that I was very deliberate with my phrasing on stage at E3 last year. I spoke about a “journey,” rather than a destination – and that journey definitely begins in 2014 with a giant leap, rather than one small step. We'll give you much more information about our plans for this year at the Xbox E3 2014 Media Briefing on June 9, and we’re confident that “Halo” fans will be pretty excited about the special plans we have in store."

Update - First concept art: