Lionsgate has announced that The Expendables 2 will be released August 17, 2012, which will be roughly two years after the first film hit. So far it has no direct competition, but G.I. Joe 2 will be released a week before on August 10th.
David Agosto and Ken Kaufman (Space Cowboys) have apparently written the script, and the setting of a release date suggests the plan to shoot later this year is still on track. Most of the original cast has already signed on to come back, and Bruce Willis confirmed that he will have a larger role in the sequel. Unlike the first film Sylvester Stallone won’t be directing, and Lionsgate is currently looking at potential directors to take over for the next one.