The plot deals with Stallone's character of a New Orelans hitman who has to team up with a New York City cop so that they can take down the killers of their respective partners.
"Sylvester Stallone is an iconic action star the world over," says Silver, who had previously worked with the actor on Demolition Man and Assassins, "and I'm thrilled to be working with him again."
As noted above, the project, formerly known as Headshots, will be directed by Hill, a veteran director whose two most iconic action films are The Warriors and 1982's 48 Hours, which truly ushered in the buddy action/comedy genre that would include Running Scared, Red Heat and Lethal Weapon, among others.
This weekend marks the 30th anniversary of Raiders of the Lost Ark, and we've got a full blown salute to Indy happening at Earth's Mightiest Action. Just click on the image below to check it out.