The "Twilight Saga" star is sticking with Summit Entertainment for "Cancun," an action movie designed to show off the actor's martial-arts skills, according to The Hollywood Reporter. Taylor reportedly will play a college student on vacation who must rescue his friends – and a possible love interest – from a drug cartel.
Taylor, along with dad Dan Lautner, will also back the movie as the first project for their new production company.
As previously reported by AccessHollywood.com, the ready-for-action actor has also signed on to star in Paramount's "Max Steel."
Up next for Taylor is a spot in ensemble romantic comedy "Valentine's Day" (in which he shares a romance with rumored real-life girlfriend Taylor Swift) in February, with the next "Twilight Saga" sequel, "Eclipse," to follow in June.
Related Content from AccessHollywood.com:
VIEW THE PHOTOS: Taylor Lautner Shirtless In Sexy GQ Spread
PLAY IT NOW: Taylor Lautner Hits The 'New Moon' LA Premiere (November 16, 2009)
PLAY IT NOW: Taylor Lautner Punches & Kicks His Way To Fame (2005)