Summit Entertainment released the big screen adaptation of the Warren Ellis and Cully Hamner comic book, RED back in 2010. The film starring Bruce Willis, Mary-Louise Parker, Helen Mirren, Morgan Freeman, John Malkovich, and Karl Urban was a unsuspected hit at the box office, bringing in almost $200 million worldwide.

The original film was directed by Robert Schwentke, but Variety reports that the forthcoming sequel has a new director. Dean Parisot (Justified), who directed the 1999 sci-fi parody Galaxy Quest is now in final negotiations to helm the follow-up.

The as yet Untitled Red Sequel is slated to hit theaters in 2013.