Emilio Estevez is coming back to where “Young Guns” started. Estevez visited the New Mexico State Capitol on Thursday during Film and Media Day to announce that the third installment in the iconic Western franchise will be filmed in the state.

The New Mexico Film Office announced on Thursday that “Young Guns 3: Dead or Alive” will be filmed in New Mexico. The announcement was made by actor and director Emilio Estevez and Governor Michelle Lujan Grisham during Film and Media Day at the State Capitol.

"I'll make you famous." Billy the Kid to return in "Young Guns 3" with Emilio Estevez to be filmed in New Mexico.

The famed actor who starred as Billy the Kid in the popular 1988 Western has revealed another movie about the misadventures of the notorious outlaw.