While there hasn't been any word yet on whether or not The Expendables 4 is moving forward, it was announced today that Expendables Franchise creator Sylvester Stallone is producing a new TV show based on the hit action series, this time uniting action icons of the small screen. This Expendables television event will follow a similar story as the movies, and is being produced for Fox. Sylvester Stallone will executive produce alongside the films' producer Avi Lerner. NCIS veteran Shane Brennan will serve as showrunner.

Ride Along duo Greg Coolidge and Kirk Ward are writing and executive producing the TV adaptation alongside Shane Brennan. The show itself is described as 'a fun action drama that unites iconic TV stars as a new team of highly-skilled heroes who are on a mission to stop a dangerous terrorist.' Lionsgate TV will produce the miniseries along with CBS TV Studios, and CBSTV-based Shane Brennan Prods. Lionsgate is also behind the big screen Expendables Franchise.

While there is no cast in place yet, it is reported that this TV version of The Expendables has quite a list of actors to choose from, including Walker, Texas Ranger's Chuck Norris who could reprise his role as Booker, the 'Lone Wolf' from The Expendables 2. 24's Kiefer Sutherland, Magnum P.I.'s Tom Selleck, Xena: Warrior Princess's Lucy Lawless, Quantum Leap's Scott Bakula, Alias' Jennifer Garner, The A-Team's Mr. T and Dirk Benedict, and Strike Back's Philip Winchester and Sullivan Stapleton are all to be considered.

Lionsgate has been eyeing The Expendables TV series since 2012, as it moves to adapt more of its popular movie titles for the small screen. The first three movies in the Expendables Franchise have gone onto earn $800 million worldwide. And an all-female spinoff titled ExpendaBelles is currently in development.