Had previously helmed thriller "Red Hill"
Stallone, Jason Statham and Dolph Lundgren are expected to return with Wesley Snipes and Jackie Chan rumored to be joining the ensemble.
Plot details are unknown at this time. Stallone is penning the script and will produce along with Millennium Films’ Avi Lerner.
Production is expected to start this summer. The first two installments of “The Expendables” have made more $575 million worldwide.
Hughes is repped by WME and Brillstein Entertainment and is best known for directing Australian pic “Red Hill.”