Dwayne Johnson Will Have an Expanded Role in 'G.I. Joe 3' While G.I. Joe 3 was confirmed for a 2016 release date alongside Transformers 5 and Star Trek 3, it's the one sequel will still no very little about. Director Jon M. Chu was once set to reprise his role after helming the well-received G.I. Joe Retaliation. But production delays saw him taking over another Hasbro property with Jem and the Holograms instead, and before G.I. Joe 3 could be officially confirmed by Paramount, the director was courted to jump behind the lens on Now You See Me 2, though a deal has not yet been signed. Now, G.I.