By Annie Barrett
March 06, 2009 at 05:55 PM EST

MGM and World Wrestling Entertainment will co-produce an updated Missing In Action flick primarily for home video. The new film will reflect modern military realities and will be set during the current Iraq War, according to the Hollywood Reporter. Jeremy Passmore and Andre Fabrizio will script the updated version. In the original 1984 Missing In Action, Chuck Norris starred as Col. James Braddock, a POW of the Viet Cong who escapes Southeast Asa and heads back to liberate other U.S. captives.