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According to Deadline, Taylor Lautner and Tom Cruise will be co-starring in a film called Northern Lights, with filming set to start on April 1st.  David Ellison's Skydance Productions is behind the film, and John Moore of Max Payne fame will be directing. This film makes Lautner now the highest paid teenage star with his salary for the role rumored at $7.5 million, though that salary does not include countless tween-girl screams.  And no, Lautner won't be playing a shirtless werewolf.  Sorry to get your hopes up, but you'll have to wait until Eclipse for more of that.

The plot of Northern Lights sounds an awful lot like Top Gun, but if you ask me that's not a problem since it's easily the best airplane-based homoerotic American action movie other than Con-Air.  The film is about "a gifted, young aerobatics pilot who faces off with his controlling, billionaire father and falls in love with a gifted female pilot" according to the logline.  There is as of yet no word as to whether there will be a gifted rival pilot ala Val Kilmer or any shirtless volleyball playing, but we can all hope for both.  Lautner's career is definitely growing quickly following his turn in Twilight, with this new film as well as Max Steel, Paramount's latest announced Lautner star vehicle.  Lautner's career is growing fast, with his recent SNL hosting gig showing off his comedic timing and his crazy martial arts skills, and the Twilight films making massive bank, and it'll be interesting to see how he does carrying a film alongside a huge (and controversial) star like Tom Cruise. [UPDATE: We've received word that Tom Cruise is not in the film and there is no "billionaire father" in the story]