Twelve years after the release of Die Hard: With a Vengeance, 20th Century Fox will release the next installment in the Die Hard franchise, reports Variety.

Live Free or Die Hard will return Bruce Willis to the big screen as rough-and-tumble New York cop John McClane. The film, set to begin shooting next month, will be released in theatres on June 29, 2007.

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Fox, in revealing the title and confirming Willis' deal, said the release date is particularly appropriate since the storyline is set around July 4.

Len Wiseman, who directed the Underworld franchise, will direct Live Free or Die Hard from a screenplay by Mark Bomback.

In the film, an attack on the country's computer infrastructure begins to cripple the nation. But the man behind the attack never expected an old-fashioned cop to mess up his plans.