A fourth Expendables is officially moving forward.

Returning for the fourth installment are Sylvester Stallone, Jason Statham, Dolph Lundgren and Randy Couture, and they'll be joined by newcomers Curtis "50 Cent" Jackson, Megan Fox and Tony Jaa, according to THR. The film will be helmed by Scott Waugh from a script by Spenser Cohen, Max Adams and John Joseph Connolly.

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"It’s so much fun to bring these stars together for a no-holds-barred action film," Lionsgate Motion Picture Group President of Acquisitions and Co-Productions Jason Constantine said. "The new film will raise the stakes and be the biggest, most badass adventure yet."

"Popcorn entertainment is guaranteed," Millennium President Jeffrey Greenstein added."

The Expendables franchise launched in 2010 from a story written by Stallone and starring some of the biggest names in action, including Arnold Schwarzenegger, Jet Li, Steve Austin, Terry Crews, Bruce Willis, Chuck Norris, Jean-Claude Van Damme, Scott Adkins, Wesley Snipes, Mel Gibson and Harrison Ford. Each of the three films centers on an elite group of mercenaries tasked with increasingly difficult missions, and while the reviews have been mixed, the franchise has grossed over $804.1 million worldwide.

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A fourth Expendables film was announced in 2015, one year after the third installment. However, there's been little movement on the project in the time since.

Source: THR