The Band Of Brothers sequel follows the true story of the American 'bomber boys' in World War II, who helped bring Hitler's Nazi Germany to its knees.
The Hollywood pair are yet again collaborating on the series as executive producers, whilst the director for the first three episodes of the war epic is Cary Fukunaga.
Fukunaga's credits include the directing of the new James Bond film, Ready To Die.
Filming started in April and has now moved to Hemel Hempstead's Old Town, which has been used as a previous setting in Ricky Gervais's Afterlife.
According to the Daily Mail, the constructed US Air Force base that has sprawled across the English countryside has cost a staggering £5 million ($6 million). So it's safe to say, expectations are high!
The drama will be based on the book of the same name by Donald L. Miller and has been written by Band of Brothers' John Orloff, who also serves as co-executive producer.
And as for the star-studded cast? Austin Butler (Once Upon a Time in Hollywood), Callum Turner (The Capture) and Anthony Boyle (Derry Girls) will star in the series, along with Line of Duty's Tommy Jessop.
Announcing the show, Apple said: "Apple today announced that it has partnered with Steven Spielberg's Amblin Television, and Tom Hanks & Gary Goetzman's Playtone on Masters of the Air, a new international limited drama series that marks the first series greenlit with Apple serving as the studio.
"Masters of the Air will stream exclusively on Apple TV+, a new home for the world's most creative storytellers, and is the second project for Apple to hail from Spielberg's Amblin Television in addition to Amazing Stories.
"The series will join Apple's growing offering of sweeping international drama series, including Pachinko and Shantaram."
It'll be difficult for the show to live up to the hype of Band of Brothers, which picked up numerous Emmys and a Golden Globe award.
Spielberg and Hanks' winning partnership goes back even further with 1998's epic film Saving Private Ryan - for which Spielberg won a Best Director Oscar.
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