Tom Hanks is Major Matt Mason in the new upcoming film based on the Major Matt Mason toy line that existed before I was born. As in they stopped making them before I was born, not like GI Joe that also predates me but is still around and also getting a movie.
ComingSoon quotes variety

The film will be developed as a star vehicle for Tom Hanks, and Graham Yost will write the script.

Playtone partners Hanks and Gary Goetzman will produce.

The toy line originated in 1966; Mason led an astronaut team that worked on the moon and lived in a space station. The toy was a hit in the buildup to the first manned moon mission. Mattel retired the line in the 1970s

Could be some campy space fun!
Looks like every toy line will get a movie! How about… A Battle Beasts movie! I want, no, DEMAND they make this film immediately! And thirty sequels, and new Battle Beasts toys. Plus we need movies for Thundercats, Visionaries, Go-Bots, Starriors, M.A.S.K., and the Sectaurs! Snap to it, Hollywood! I am your demographic and I have spoken!
Major Matt Mason on Wikipedia, the lazy man’s research tool!
Major Matt Mason the commercial!