Naomi Watts, 55, looks ethereal in a pale blue dress honoring Nicole Kidman at the AFI Life Achievement Award Gala

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Naomi Watts, 55, looks ethereal in a pale blue dress honoring Nicole Kidman at the AFI Life Achievement Award Gala

Naomi Watts created a storm by supporting film icon Nicole Kidman as she accepted an AFI Life Achievement Award at the Dolby Theater on Saturday in Los Angeles.

The 55-year-old British actress – who recently showed off her impressive physique while working out with her personal trainer – dropped jaws in a figure-hugging blue dress that clung to her body.

Her signature short blonde locks were parted to the side and lightly curled at the ends as they gleamed in the light.

She accessorized with long earrings and rings as she carried a simple white handbag along the red carpet.

Other celebrities attending the event include Keith Urban, Naomi Watts, Joey King and Morgan Freeman.

Naomi Watts created a storm by supporting film icon Nicole Kidman as she accepted an AFI Life Achievement Award at the Dolby Theater on Saturday in Los Angeles.

The 55-year-old British actress made jaws drop in a body-hugging blue dress that hugged her body.

The 55-year-old British actress made jaws drop in a body-hugging blue dress that hugged her body.

The stunning look highlighted her collarbones as the dress fell slightly off her shoulder.

The Goodnight Mommy star opted for a glamorous look as her red lips and bright eyes popped as she looked catwalk ready.

Watts and Kidman previously worked together on the 1991 film Flirting and have long been best friends.

Hoping to star alongside his close friend again, the Feud star told PEOPLE: “We’ve been talking about this for too long, we have to make it happen,

“Now that we’re getting to the age where that’s the case, we just want to spend more time with each other. Let’s just get on a platter so we can have good, long conversations on a daily basis and share meals,” she added.

Even though nothing is set in stone, A-listers remain optimistic. “We definitely continue to look for the right piece of material,” Watts finished.

Today, the Australian actress is honored for her 40-year career in Hollywood.

The Aquaman star will be the first Australian to receive the American Film Institute’s Life Achievement Award.

Nicole told this week’s Stellar that she was very grateful to be “honored in this way.”

“Receiving this award fills me with immense gratitude. To be the first Australian to be honored in this way leaves me speechless,” she said.

Her signature short blonde locks were parted to the side and lightly curled at the ends as they gleamed in the light.

She accessorized with long earrings and rings as she carried a simple white handbag along the red carpet.

Her signature short blonde locks were parted to the side and lightly curled at the ends as they gleamed in the spotlight.

She spoke to the crowd at the ceremony honoring Nicole's acting legacy.

She spoke to the crowd at the ceremony honoring Nicole’s acting legacy.

The stunning look highlighted her collarbones as the dress fell slightly off her shoulder.

The stunning look highlighted her collarbones as the dress fell slightly off her shoulder.

The Goodnight Mommy star opted for a totally glamorous look as her red lips and bright eyes popped as she looked catwalk ready

The Goodnight Mommy star opted for a totally glamorous look as her red lips and bright eyes popped as she looked catwalk ready

Watts and Kidman previously worked together on the 1991 film Flirting and have long been best friends.

Watts and Kidman previously worked together on the 1991 film Flirting and have long been best friends.

Hoping to star alongside his close friend again, the Feud star told PEOPLE:

Hoping to star alongside his close friend again, the Feud star told PEOPLE: ‘We’ve been talking about this for too long, we have to make it happen’

Even though nothing is set in stone, A-listers remain optimistic.

Even though nothing is set in stone, A-listers remain optimistic. “We definitely continue to look for the right piece of material,” Watts finished.

“I grew up as a girl from the suburbs of Sydney who just wanted to play; having built a career doing what I love is a blessing beyond my dreams. I thank the AFI for this incredible honor.

Previous recipients of the AFI honor include legendary heavyweights of world cinema like Jane Fonda, George Clooney, Robert de Niro, Al Pacino and Meryl Streep.

Awarded by the AFI Board of Directors, the Institute’s award, along with the Oscar, is among the highest honors bestowed on cinema.

Nicole will be the 49th recipient of the AFI Life Achievement Award, first awarded in 1973.

Nicole will be the first Australian to receive the American Film Institute's Life Achievement Award.

Nicole will be the first Australian to receive the American Film Institute’s Life Achievement Award.

Nicole, who continues to receive praise from fans, peers and critics for her versatility, is one of the most honored actresses of her generation.

Nicole, who continues to receive praise from fans, peers and critics for her versatility, is one of the most honored actresses of her generation.

Nicole’s major films include Baz Luhrmann’s To Die For (1995), Lion (2016) and Australia (2008) and Moulin Rouge! (2001) – for which she won the Academy Award for Best Actress.

Nicole, who continues to receive praise from fans, peers and critics for her versatility, is one of the most honored actresses of her generation.

Her accolades include six Golden Globe Awards, a BAFTA, two prime-time Emmy Awards, and an Academy Award for Best Actress for The Hours in 2003.

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