Rolling Thunder 2 (ローリングサンダー2) is an arcade game by Namco released in 1990. It is the sequel to 1986's Rolling Thunder and retains the same run and gun gameplay of its predecessor, adding cooperative gameplay for 2-Players and improved graphics. Unlike the original Rolling Thunder, which was set in the 1960s, Rolling Thunder 2 features a more contemporary setting to go along with its more futuristic designs. A Mega Drive port was released in 1991. Both, the coin-op game and the Mega Drive version, were released for the Wii Virtual Console.

Set in the 1990s, the Geldra organization, thought to had been destroyed during the first game, returns and are destroying several of the worlds' satellites in outer space. Like the previous game, the player takes control of a member of WCPO's Rolling Thunder task force. Up to two players can now play simultaneously, with Player 1 as female agent Leila and Player 2 as male agent Albatross. Although outside their different appearances (including different handguns), the two characters have identical abilities.

The graphics are noticeably improved over the previous game and have a decidedly more futuristic look to go along with the game's modern setting. The game's common enemy character, the Maskers, which were previously designed to look like hooded terrorists, are now cyborgs. Likewise, the game has more varied stage designs, with the first four stages taking place in a seaside resort in Florida and the last four stages in a pyramid in Egypt (both locations are actually camouflaged Geldra bases).

The player's character are armed with a default pistol that has only limited ammo. When bullets run out, the player's gun will fire a slow chase bullet instead. The player can also upgrade to a semi-automatic rifle by entering marked doors. When entering one of these marked doors, a counter will displayed showing the remaining bullets left to be picked up (allow one player to leave ammo for the other).