By Melody Chiu (@chiumelo)
Posted May 24 2016 — 11:00 AM EDT

They’ve been lifelong friends, and now Ben Affleck and Matt Damon will be taking home a pretty epic honor this summer.

The actors are set to receive the “Guys of the Decade” award at Spike’s Guys Choice Awards next month, PEOPLE confirms exclusively.

Affleck and Damon have been close since childhood, and their friendship reached new heights in 1997 when their hit film “Good Will Hunting” won two Oscars. The duo are currently collaborating on multiple projects, including their HBO movie “Thirst”, a Syfy thriller called “Incorporated” and interactive competition series “The Runner”.

Joining the superstars on stage will be Anna Kendrick, who’s being honored with the “Hot & Funny” award, and Gigi Hadid, who will be picking up the “Our New Girlfriend” award (previous winners for this particular nod have included Kate Upton, Chrissy Teigen and Hannah Davis.

Chiu, Melody. “Ben Affleck and Matt Damon to Receive ‘Guys of the Decade’ Honor at Spike’s Guys Choice Awards.” People.com, People Web. 24 May. 2016.