Will Smith says he and Martin Lawrence are on board for ‘Bad Boys 3′

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Martin Lawrence and Will Smith at Bad Boys II Premiere

WESTWOOD, CA - JULY 9: Actors Martin Lawrence and Will Smith attend the "Bad Boys II" movie premiere at the Mann's Village theatre on July 9, 2003, in Westwood, California. (Photo by Kevin Winter/Getty Images)

Will Smith is making his promotional rounds this week.  While on the U.S. leg of the Men in Black 3 promotional tour, on Monday Smith dropped by BET’s 106 & Park; he talked his new film, his family, and also confirmed  that the third installment of Bad Boys was in the works.

“I talked to Martin [Lawrence] about that a couple of weeks ago. Martin is into it and we got a couple of screenplays and the story’s gotta be right,” Smith told 106 & Park hosts Terrence J and Rocsi.

Smith said that Bad Boys 3, will be in theaters by 2015.