(Evan Agostini/Invision/AP, file)

Singer Barbra Streisand performed at the Barclays Center in Brooklyn on Oct. 11, 2012. She will hit the Academy Awards stage on Feb. 24 for her second performance at the Oscars, and her first in 36 years.

Babs is back -- at the Academy Awards.

Barbra Streisand will perform at the Feb. 24 award show for the first time in nearly four decades, the organizers announced today. In 1977, she sang the best song winning "Evergreen" from "A Star is Born," her only previous Oscars performance. While the tune she will belt out this year was not released, show producers Craig Zadan and Neil Meron deemed it a "very special performance" in a statement.

"In an evening that celebrates the artistry of movies and music, how could the telecast be complete without Barbra Streisand?" Zadan and Meron said.

On this year's Oscars bill, the 70-year-old Streisand will join two modern day sirens crooning best song nominees, Adele, singing her "Skyfall" theme, and Norah Jones, performing "Everybody Needs a Friend" from "Ted."

Streisand has been nominated for Oscars five times, including two best song nods, and won twice. In 1969, she shared best actress honors for "Funny Girl" with "The Lion in Winter" star Katharine Hepburn. While she hasn't even walked the red carpet at the Academy Awards since 2010, she hasn't been totally out of the spotlight. She recently appeared in 2012's "The Guilt Trip" alongside Seth Rogen.