Metal Slug 5 is a run and gun video game for the Neo-Geo console/arcade platform created by SNK Playmore. It was released in 2003 for the MVS arcade platform and is the fifth game in the Metal Slug series. The game was developed by Noise Factory/SNK Playmore, after Korean company Mega Enterprise had directed Metal Slug 4.

The biggest difference from previous titles is the addition of the slide move, which allows the player to evade and maneuver in a new fashion. Unlike its predecessor Metal Slug 4, which reused many of the backgrounds from the previous games, Metal Slug 5 incorporates a wealth of new environments and backgrounds and features a more Heavy Metal influenced soundtrack. It was later ported to Microsoft Xbox and Sony PlayStation 2 along with Metal Slug 4 as a compilation. It was also ported to PC specifically for a Korean release.

Only three new vehicles were added, though the Metal Slug, Sub Slug and Slug Flyer make a return.

* The first new vehicle, the Slug Gunner, is the ultimate evolution of the Metal Slug and Level Armor. The Gunner fires a minigun, a chassis-mounted cannon, and can punch enemies with a close-combat exploding metal spike "cannon". The Gunner can perform a mid-air jump like that of the Level Armor. The Gunner can transform from a walker into a tank, and can move slightly faster in addition to running over infantry. However, the gunner is slow, takes a while to turn, and only has a 180-degree firing arc (360-degree while in the air).
* The second new vehicle is the Car Slug or the TIAF 660. This is a car with a 360-degree vulcan cannon attached. Its secondary fire is an oversized Enemy Chaser. Of particular interest is that the player cannot eject from the vehicle, meaning they die when its destroyed, and will subsequently respawn in a new Car Slug.
* The Spider Slug is a giant squid-like walker with two legs tethered to the floor and to the ceiling; jumping raises or lowers the cockpit. The Spider Slug is armed with 360-degree firing vulcan cannons, and a harpoon gun.

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