James Bond movie producers are to receive a film award previously given to Steven Spielberg, Clint Eastwood and Billy Wilder.
BBC News reported that the pair, who celebrated the famous franchise's 50th anniversary last year, said that they were "honoured to be associated" with the award.
It quoted PGA Awards co-chairs Lori McCreary and Michael De Luca as saying that the producers were "the driving force behind one of the most cherished franchises in the history of film.
"Thanks to the consistency and steadfastness of their creative vision, generations of moviegoers have been able to share the adventures of one of our iconic heroes," they added.
"We look forward to their continuing to bring thrilling exploits and cinematic masterpieces to audiences worldwide, and we are delighted to honour them with this year's David O Selznick Achievement Award."