Frank Masi
Adam B. Vary
May 10, 2012 AT 11:08 PM EDT

The geriatric gang is getting back together — and getting some new (i.e. young) blood. Summit Entertainment announced today that Bruce Willis, Helen Mirren, John Malkovich, and Mary-Louise Parker have all signed on for RED 2, a sequel to the studio’s modest 2010 hit. (It grossed $199 million worldwide according to Box Office Mojo.)

Catherine Zeta-Jones and Byung-Hun Lee (G.I. Joe: Retaliation) have joined the cast, and Dean Parisot (Galaxy Quest) will take over directing reins from the first film’s director, Robert Schwentke. (SPOILER ALERT: RED co-star Morgan Freeman isn’t returning due to the vexing fact that his character died in the first film.) Screenwriters Erich and Jon Hoeber are officially returning for the second installment; they began penning the script last year.

As is often the case with franchise sequels, RED 2 will take place largely in Europe. It’s set for release on Aug. 2, 2013.

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Read more:

EW’s review of ‘RED’

‘RED’: Action Mathematics?

‘RED’ writers working on a sequel. I’m okay with that.

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