FROM MTV.COM: Team Jacob has reason to celebrate: “Twilight” star Taylor Lautner has signed on to star in “Stretch Armstrong,” based on the action figure from Hasbro.

The Hollywood Reporter announced Lautner’s commitment to “Armstrong,” Universal’s upcoming 3-D adaptation of the Hasbro toy property slated for release at some point in 2012. The film was initially scheduled for May 15, 2011, before Lautner’s involvement.

“Stretch Armstrong” focuses on an uptight spy who inadvertently exposes himself to a formula that allows him to physically stretch his body to great lengths. With his newfound ability, the spy is forced to not only re-adjust to everyday life, but also to rethink his own crime-fighting tactics.

SOURCE: MTV