The cult film looks set to be remade after Sir David acquired the rights for an undisclosed sum.
He has long been a fan of the film and chose the theme tune to the classic war film as one of his favourites on Radio's Desert Island Discs last week.
Sir David bought the rights to a three-year option after the Mentorn creative director, Steve Anderson, alerted him to the sale.
"The idea came out of a conversation with Steve Anderson. I said I thought it was a great idea and said I would pursue it," he said.
"That was a couple of years ago. The situation was quite complicated but we have, just a couple of weeks ago, signed an option agreement with the Brickhill family [relation of the author, Paul]. Now we begin to see if we can make it [a remake] happen.
"With all the digital technology there is now, a new version could be even more exciting. But we can't change the music - it's so fantastically stirring."
Apparently the dog with the dodgy name either won't feature or will have to have a name change (racism and all that jazz).
So for Will and all the other Lanc lovers things are on the up.... think I might just bung the DVD on now and have a watch
An upshot of this is that it'll give the warbird and veterans movements in Britain a much needed bit of publicity!
