Brad Pitt and Angelina Jolie to Reunite on Screen in By the Sea

Brad Pitt and Angelina Jolie

Splash News Online

updated 07/19/2014 AT 11:15 AM ET

originally published 07/19/2014 AT 12:40 PM ET

Acting’s all in the family for the Jolie-Pitt clan.

Brad Pitt and Angelina Jolie will star in – and Jolie will write and direct – the “intimate, character-driven drama” By the Sea, Universal Pictures announced Friday.

The film will mark the A-list pair’s first onscreen reunion since 2005’s Mr. & Mrs. Smith.

Earlier this month, PEOPLE confirmed the engaged couple would shoot a movie in Malta for about eight weeks. Though it’s still unclear whether By the Sea is that project, the Mediterranean setting would be a perfect fit for the title.

And Pitt isn’t Jolie’s only family costar – the mom of six teamed up with Vivienne, 6, Zahara, 9, and Pax, 10, in Maleficent.

By the Sea will be Jolie’s third time in the director’s seat for a feature-length film, following her debut, In the Land of Blood and Honey, and follow-up, Unbroken. The latter, which chronicles the late World War II vet and Olympian Louis Zamperini, is due Christmas day.

• Reporting by MARY GREEN

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