Expect Transformers 3 in 2011

Transformers 3

Paramount and Dreamworks have officially announced Transformers 3 will be released in theaters on July 1, 2011.

From Variety:

They said the studio wanted to claim the date before a competitor did, considering that the 2011 summer release calendar is filling up.

No deals have been inked with director Michael Bay or franchise stars Shia LaBeouf and Megan Fox. Nor has a writer been hired for the third installment.

It would appear the studio has no doubt in the success of Transformers: Revenge of the Fallen due to be released 24 June 2009.