Jonah Hill and Miles Teller will star.
Based on the Rolling Stone article by Guy Lawson, the story follows two unlikely arms dealers who received a $300 million contract to supply weapons for U.S. allies in Afghanistan. They soon found themselves in danger abroad and in trouble back home because they were completely out of their depth.
Jesse Ehrman and Jon Gonda are overseeing for the studio.
The film is the first under the new production banner Phillips formed with his “Hangover” star Bradley Cooper. Cooper will produce along with Mark Gordon, who first acquired the article and brought it to Phillips. Bryan Zuriff is exec producing, with Jason Smilovic penning the script. Phillips and Stephen Chin had also written a version of the screenplay.
Phillips decided to test actresses for the part of Teller’s girlfriend rather than cast a more established name, but looks to have made a promising decision since de Armas gained attention co-starring with Keanu Reeves in Eli Roth’s “Knock Knock,” which bowed at Sundance.
Besides “Knock Knock,” Armas is also appearing in another Reeves pic, “Daughter of God,” which is in post-production. She is repped by CAA, Impression Entertainment and Grubman Indursky Shire & Meiselas.