There's been talk of a third "Bad Boys" movie for a while now, but WILL SMITH and MARTIN LAWRENCE finally made it official on Instagram yesterday.
It's called "Bad Boys for Life", and production will launch next month. The movie is tentatively scheduled to come out in January of 2020. The original was released in 1995, and the sequel came out in 2003.
(There's video of Will and Martin's announcement, here.)