Lionsgate has debuted the first full-length trailer for The Expendables 3, and it's exactly what fans of the franchise are looking for: explosions, gunfire, over-the-top stunts, a classic action premise and a couple of T-shirt-worthy catchphrases.

Directed by Patrick Hughes from a screenplay co-written by Sylvester Stallone, the third installment in Lionsgate’s blockbuster franchise finds the mercenaries facing off against the team’s co-founder, played by Mel Gibson.

Opening Aug. 15, The Expendables 3 also stars returning cast members Stallone, Jason Statham, Jet Li, Dolph Lundgren, Randy Couture, Terry Crews and Arnold Schwarzenegger, joined by Wesley Snipes, Antonio Banderas, Harrison Ford, Kellan Lutz, Ronda Rousey, Victor Ortiz, Kelsey Grammer and Glen Powell.