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May 24, 2016 11:00 AM

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.

RELATED VIDEO: Ben Affleck Smuggles Matt Damon onto Jimmy Kimmel Live

This year’s show – airing June 9 at 9 p.m. on Spike – will have a Rat Pack Las Vegas theme and once again celebrate comedians, entertainers and athletes.

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