The film will be directed by Fernando Coimbra, who helmed several episodes of Netflix's "Narcos", with Chris Roessner penning the script, reported Variety.
Mark Gordon will produce through his Mark Gordon Company banner along with Justin Nappi through his company Treehouse Pictures and Ben Pugh of 42.
Treehouse Pictures is fully financing the film, which Gordon has shepherded from its inception.
The movie is based on Roessner's experience as a machine gunner in Iraq's Sunni Triangle.
The story centres on Matt Ocre (Hoult), who is part of a mission to repair a broken water system in the dangerous and unstable Iraqi village of Baqubah.