Last week, producer Jerry Bruckheimer offered updates on Pirates of the Caribbean: Dead Men Tell No Tales and Beverly Hills Cop 4, but those are just two of his highly-anticipated projects that are currently in development. During a new interview with Collider, the producer offered updates on a pair of sequels, National Treasure 3 and Bad Boys 3.

Both projects have been in development for several years, even though their predecessors, 2007's National Treasure: Book of Secrets ($457 million worldwide) and 2003's Bad Boys II ($273 million worldwide) fared quite well at the box office. However, it still may be quite some time before we see either of these sequels in theaters.

Bad Boys 3 has been in the works for over 10 years, with Sony recently hiring screenwriter David Guggenheim (Safe House) to work on the script back in December. Jerry Bruckheimer revealed that the project's real problem has to deal with the timing being off, with Sony and stars Will Smith and Martin Lawrence, although it might have more momentum thanks to the success of Ride Along.

"It's so funny because we'll get Sony real excited to make the movie, and then Will (Smith) is off doing two movies. And then, Will will come back and be real excited about it, and Sony will say, 'Well, maybe it's not the time for this.' And then, Ride Along came out and was a big hit, and now they're all excited to make the movie, but Will is off doing something else. It's just trying to get everybody together to make it. But, we're working on the script. We have a lot of faith and hope that we'll do it."

What remains to be seen is whether or not Michael Bay will return to direct. He made his directorial debut with 1995's Bad Boys, and he also directed 2003's Bad Boys II. The filmmaker has already stated that his upcoming Transformers: Age of Extinction will be his last movie in the franchise, and it isn't known what other projects he may have brewing, meaning it's possible that he could come back to direct this third installment.

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Jon Turteltaub, who directed both National Treasure and National Treasure: Book of Secrets is still attached to direct National Treasure 3, and, according to Jerry Bruckheimer, they recently received the first act of the script.

"Those are the hardest movies to make because they're all based on clues. It's so difficult to work them out. But, we got a first act in [on Friday], and Jon [Turteltaub] was very excited about it and I'm very excited about it. Hopefully, the first act will lead into the second act and the third act, and we'll get this thing going."

Franchise star Nicolas Cage will return as treasure hunter Ben Gates, although it isn't known if Diane Kruger (Abigail) or Justin Bartha (Riley) will reprise their roles. Jon Turteltaub revealed in a previous interview last year that the movie will go into production within the next two years, so we'll have to wait and see when the script is ready.

Are you excited to see that both National Treasure 3 and Bad Boys 3 are still moving forward? Chime in with your thoughts below.