Production is set to start in August of this year.
Via Hollywood Reporter:
The filmmakers would take on Bad Boys for Life, which would reunite Will Smith and Martin Lawrence for a third chapter in the buddy-cop film series. The duo played Miami police detectives in the first two installments, which were directed by Michael Bay. The pair of films, released in 1995 and 2003, took in a collective $414.7 million worldwide.
A third Bad Boys effort has been in development for years, with Joe Carnahan most recently attached to direct before exiting last March.
El Arbi and Fallah were born in Morocco and studied film in Belgium. They recently directed episodes of FX crime drama Snowfall and have their third feature Gangsta due out this year.