Director/producer Michael Bay is teaming up with young star Taylor Lautner on an untitled action vehicle that is said to be a cross between Mr. and Mrs. Smith and Wanted.

Studios have already begun bidding on the project, although it isn't clear who wrote the script and what kind of role Taylor Lautner may play. Michael Bay will produce through his Platinum Dunes label, but it isn't known if he will direct the project or just produce.

As of now, it isn't certain where this mystery project could land on Taylor Lautner's growing production slate. Taylor Lautner was recently cast in Fox 2000's project Incarceron, although it isn't known when that thriller will go into production.

This untitled Platinum Dunes action-thriller is aiming for a 2012 release.