Will Smith will team up anew with Martin Lawrence for the fourth installment of the "Bad Boys" movie.

The "Bad Boys" sequel is in the early pre-production phase at the studio, Sony Pictures confirmed to The Hollywood Reporter. The new movie will be directed by Adil El Arbi and Bilall Fallah based on a script by Chris Bremner.

Smith and Lawrence announced the good news through a reunion video released on Smith's Instagram page aptly captioned, "IT'S ABOUT THAT TIME!"

In the video, Smith films himself while driving to Lawrence's home. "Yo! I got an announcement but y'all better stop scrolling, seriously," the "Men in Black" actor says as he goes inside his car after accidentally hitting his eye with his camera.

"Let me all give you a hint...we are here," Smith says as the opening bars of "Shake Ya Tailfeather" by Nelly, P. Diddy and Murphy Lee begin playing in the background. The song is from 2003's "Bad Boys II."

"I wish I was you, not knowing what I'm about to show me," an excited Smith says as he pulls up Lawrence's driveway. He then knocks and Lawrence opens the door while saying, "It's about that time!"

Smith reiterates, "It's official, y'all. 'Bad Boys 4.'"

"Bad boys for life baby," Smith shouts but Lawrence tells him that they have already used the catchphrase "For Life" in the third movie.

Shaking his head, Smith says, "We shouldn't have called it that though."

"But this is 'Bad Boys 4' its official," he continues. Lawrence nods his head in agreement and says, "That's right."

"Bad Boys for Life," released in 2020, also featured Smith and Lawrence as detectives Mike Lowrey and Marcus Burnett and was set 25 years after the first "Bad Boys" film was released. Shortly after it hit theaters, Sony Pictures announced that a fourth sequel was in development. "Bad Boys for Life" earned $426.5 million at the worldwide box office and was one of the last blockbusters prior to the pandemic, Variety said.

The cop movie series, which began in 1995, is Smith's new project following the Oscars slap controversy last year. In December 2022, Smith also starred in "Emancipation" which received mixed reviews from critics. A reviewer from Indiewire even described the flick as "an over-inflated B movie with little gold delusions of grandeur." The movie reportedly earned just $3,000 per screen.

Will Smith resigned form the Academy of Motion Picture Arts and Sciences over his assault of Chris Rock
Will Smith resigned form the Academy of Motion Picture Arts and Sciences over his assault of Chris Rock AFP / Patrick T. FALLON