Mike Fleming

Summit Entertainment has set Catherine Zeta-Jones G.I. Joe: Retaliation’s Byung-Hun Lee for Red 2, a sequel to the geriatric action comedy. Bruce Willis, John Malkovich, Mary-Louise Parker and Helen Mirren are back. Lionsgate International will sell the film at the upcoming Cannes film market. Dean Parisot is the new director, and the script is by Erich and Jon Hoeber, who wrote the first one. Lorenzo DiBonaventura and Mark Vahradian will produce the film via their DiBonaventura Pictures banner.

The sequel re-teams the retired CIA operatives as they use their old-school style to take on a new set of enemies all across Europe. The film is scheduled to be released on August 2, 2013.

Malkovich, Parker, and Zeta-Jones are represented by WME. Willis, Mirren, and Lee are represented by CAA. Malkovich is represented by Principato-Young Entertainment.

For all of Deadline's headlines, follow us @Deadline on Twitter.