Bruce Cohen and Freeman's company Revelations, which is headed by Lori McCreary, are producing the project.
While the logline is under wraps, the film is said to be similar in tone with "Air Force One".
It's another plum project for Focus whose CEO Peter Schlessel won the most coveted title at Cannes for the Tom Ford-directed movie "Nocturnal Animals" starring Jake Gyllenhaal and Amy Adams, reported Ace Showbiz.
Freeman, 78, will reprise his role as Allan Trumbull in "London Has Fallen" alongside other original stars like Gerard Butler, Aaron Eckhart, Angela Bassett and Robert Forster.
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