The pic also Casey Affleck and Holliday Grainger with Craig Gillespie directing.
The film is based on a true story revolving around a rescue attempt by the Coast Guard in 1952 after pair of oil tankers are destroyed during a blizzard.
Paul Tamasy and Eric Johnson adapted the script from Casey Sherman and Michael J. Tougias’s 2010 book.
Production is currently under way in Massachusetts.
The UTA-repped Foster was last seen in Universal’s “Lone Survivor” and can be seen next in the untitled Lance Armstrong pic where he portrays the cyclist, followed by Legendary’s adaptation of “Warcraft.”