Tom Hanks to Present Alan Alda With SAG Lifetime Achievement Award

The awards show will be hosted by Megan Mullally.

It was announced on Tuesday that Tom Hanks will present Alan Alda with the lifetime achievement award during the 25th annual Screen Actors Guild Awards.

The two worked together in the 2015 Steven Spielberg film Bridge of Spies. Hanks starred in the film as James Donovan, the lawyer defending KGB agent Rudolf Abel, while Alda co-starred as Thomas Watters, a partner at the same law firm.

Alda is a three-time SAG Awards nominee, while Hanks has won two SAG Awards during his career. He will next be seen in the Mister Rogers biopic and is set to play Geppetto in Disney's live-action Pinocchio.

“It is an honor and privilege to announce that our SAG Life Achievement Award will be presented to the fabulous Alan Alda,” SAG-AFTRA president Gabrielle Carteris said in a statement in October. “He is an artist whose body of work is a testament to the craft and the magic of our business. His ability to make us laugh, to think and to feel is extraordinary. From theater to television, movies, and new media, Alan’s dedication and talent are exceeded only by his contributions to a just and caring society.”

Alda joins past recipients including Lily Tomlin, Carol Burnett, Debbie Reynolds, Dick Van Dyke, Mary Tyler Moore, Ernest Borgnine and Betty White.

The SAG Awards will take place on Sunday, Jan. 27 at 8 p.m. ET. The broadcast will air simultaneously on TBS and TNT. Megan Mullally is set to host.