"We're working in about a week and a half. I'm doing an album with her," the 86-year-old crooner told E! News at Samsung's 12th annual Hope for Children Gala in New York City on Tuesday. "It's really exciting."
And Bennett had nothing but high praise for Mother Monster, adding: "She's actually a very wonderful singer and we're going to go with a lot of big, swinging jazz songs...to show everybody she really knows how to sing beautifully."
This won't be the first time these two will be making music together.
They previously teamed up to record "The Lady Is a Tramp" for Bennett's 2011 album, Duets II.
Of course, we're certainly glad they're coming back for an encore!