The announcement was made by Lionsgate's Motion Picture Group President Joe Drake and President of Production Michael Paseornek.
The cast also includes Zach Gilford, Forest Whitaker, Luis Guzman, Rodrigo Santoro, Johnny Knoxville, Jaimie Alexander, Eduardo Noriega, Peter Stormare and Harry Dean Stanton. The film is being shot in Mexico and Nevada.
"Schwarzenegger stars as Sheriff Owens, a man who has resigned himself to a life of fighting what little crime takes place in sleepy border town Sommerton Junction after leaving his LAPD post following a bungled operation that left him wracked with failure and defeat after his partner was crippled," a synopsis of the movie said.
"After a spectacular escape from an FBI prisoner convoy, the most notorious wanted drug kingpin in the hemisphere is hurtling toward the border at 200 mph. in a specially outfitted car with a hostage and a fierce army of gang members. He is headed, it turns out, straight for Summerton Junction, where the whole of the U.S. law enforcement will have their last opportunity to make a stand and intercept him before he slips across the border forever."