In addition, Jonathan Lemkin (Lethal Weapon 4, The Devil's Advocate) will write the third installment.
It's also said John Chu was thought to be directing G.I. Joe 3, but it's stated as of now Chu is not attached.
Look for production to begin by the second quarter of 2015.
Dwayne Johnson was introduced in G.I. Joe: Retaliation taking the reigns from Channing Tatum who was killed off early in the movie.
Lorenzo di Bonaventura is said to be expected back as producer as well.
At the recent Licensing Expo in Las Vegas, Paramount revealed the following (pictured right) G.I. Joe 3 teaser poster.