The film, to be titled Agent 47, is written by A Good Day to Die Hard scribes Skip Woods and Michael Finch. No plot details have been released.
Commercials director Aleksander Bach is making his feature helming debut with Chuck Gordon, Alex Young, and Adrian Askarieh producing.
Hitman was directed by Xavier Gens and was also written by Skip Woods back in 2007. The project brought in over $100 million dollars worldwide.
Production will begin in Berlin and Singapore this June. It is not yet clear if Paul Walker will go completely bald for the role of Agent 47, as Timothy Olyphant did back in 2007.
Agent 47 comes to theaters in 2014.