The upcoming film, based on Maj. Mary Jennings Hegar's soon-to-be released memoir, Shoot Like a Girl: One Woman's Dramatic Fight in Afghanistan and on the Home Front, centers on Hegar's three tours in Afghanistan as an elite rescue pilot, which earned her a Purple Heart and the Distinguished Flying Cross.
The film will also focus on Hegar taking on the Department of Defense to allow women on the front lines.
Jolie's possible involvement in the project fits when she told ET she was "looking forward" to participating in and supporting more women-centered projects.
"Many women are stepping forward and I look forward to people just seeing their work and giving them more opportunities, and I believe they will. They are," Jolie said at the 2014 junket for Unbroken. "So I look forward to all of that good work to come."
"I think it's just that as they say, 'if you don't study history, you're doomed to repeat it,'" she added of the importance of celebrating political achievements in film. "We must study history to learn from it, to not repeat the mistakes of the past."
The current draft of the Shoot Like a Girl was written by Frank Baldwin, and will be produced by Nicole Brown and Hannah Minghella.
While the source reveals that Jolie is only in talks to star in the film so far, mostly Jolie has focused her efforts behind the camera on projects like Unbroken, By the Sea, and the soon-to-be released Cambodia, sharing that she enjoys the added responsibility.
"I love being part of the entire process from beginning to end and dedicating years of my life to a story and learning about it and shepherding it all the way," Jolie revealed in 2014. "Even though it's a bit of a responsibility and in moments like this when we're about to release it, you feel a little pressure but it's a welcome pressure, because you stand by something and then... I guess I like the responsibility."
While Jolie is moving on to new projects, Pitt recently canceled his appearance at a recent premiere for his film, Voyage of Time.
"I'm very grateful to be part of such a fascinating and educational project, but I'm currently focused on my family situation and don’t want to distract attention away from this extraordinary film, which I encourage everyone to see," Pitt said in a statement obtained by ET.