That's right, Foreigner might be releasing new music with Lou Gramm in 2015.

As reported by ultimateclassicrock.com:

According to (Mick) Jones, he and Gramm have actually been talking about putting the finishing touches on some unreleased demos from Foreigner’s Top 40 glory days.

This might have been sparked by their performance together last June at their Songwriters Hall of Fame induction.

Jones stresses that any work done with Gramm won't interfere with the band's current incarnation with singer Kelly Hansen, who replaced Lou Gramm in the band.

Meanwhile, Foreigner is very busy with preparations for their "Soundtrack of Summer Tour", with Styx and Don Felder, which kicks off in May.