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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 made waves when she supported film icon Nicole Kidman as she received 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 – left jaws dropping in a blue figure-hugging dress that hugged her body.

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

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

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

Naomi Watts caused a storm as she supported screen icon Nicole Kidman as she received an AFI Life Achievement Award at the Dolby Theater in Los Angeles on Saturday

Naomi Watts caused a storm as she supported screen icon Nicole Kidman as she received an AFI Life Achievement Award at the Dolby Theater in Los Angeles on Saturday

The 55-year-old British actress left jaws dropping in a blue figure-hugging dress that hugged her body

The 55-year-old British actress left jaws dropping in a blue figure-hugging dress that hugged her body

The 55-year-old British actress left jaws dropping in a blue figure-hugging dress that hugged her body

The stunning look showed off her collarbones as the dress hung slightly off her shoulder.

The Goodnight Mommy star opted for a full glam 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 been long-time best friends ever since.

Hoping to star again with her good friend, the Feud star said PEOPLE‘We’ve talked about it for too long, we have to make it happen,

“Now that we’re getting to the age where it’s like this, we just want to spend more time together. Let’s just get on set so we can have good, long conversations and share meals every day,” she added.

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Although nothing is definitively set in stone, A-listers remain optimistic. “We will certainly continue to look for the right piece of material,” concludes Watts.

Now the Australian actress is being honored for her more than forty-year Hollywood career.

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

Nicole told me this week Stellar she is so grateful to be “honored in this way.”

‘Receiving this award fills me with overwhelming 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 slightly curled at the ends as they shimmered in the light

Her signature short blonde locks were parted to the side and slightly curled at the ends as they shimmered in the light

She accessorized with long earrings and rings as she carried a simple white bag down the red carpet

She accessorized with long earrings and rings as she carried a simple white bag down the red carpet

Her signature short blonde locks were parted to the side and slightly curled at the ends as they glittered in the spotlight

She addressed the audience at the function honoring Nicole's acting legacy

She addressed the audience at the function honoring Nicole's acting legacy

She addressed the audience at the function honoring Nicole’s acting legacy

The stunning look showed off her collarbones as the dress hung slightly off her shoulder

The stunning look showed off her collarbones as the dress hung slightly off her shoulder

The stunning look showed off her collarbones as the dress hung slightly off her shoulder

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

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

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

Watts and Kidman previously worked together on the 1991 film Flirting and have been long-time best friends ever since

Watts and Kidman previously worked together on the 1991 film Flirting and have been best friends ever since

Watts and Kidman previously worked together on the 1991 film Flirting and have been long-time best friends ever since

Although nothing is definitively set in stone, A-listers remain optimistic.  “We will certainly continue to look for the right piece of material,” concludes Watts

Although nothing is definitively set in stone, A-listers remain optimistic.  “We will certainly continue to look for the right piece of material,” concludes Watts

Although nothing is definitively set in stone, A-listers remain optimistic. “We will certainly continue to look for the right piece of material,” concludes Watts

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

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

The Institute’s award, presented by the AFI Board of Trustees, is one of the highest honors in film, along with an Oscar.

Nicole will be the 49th recipient of the AFI Life Achievement Award, first presented 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 will be the first Australian to receive the American Film Institute’s Life Achievement Award

Consistently earning rave reviews from fans, colleagues and critics for her versatility, Nicole is one of the most honored actresses of her generation

Consistently earning rave reviews from fans, colleagues and critics for her versatility, Nicole is one of the most honored actresses of her generation

Consistently earning rave reviews from fans, colleagues and critics for her versatility, Nicole is one of the most honored actresses of her generation

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

Consistently earning rave reviews from fans, colleagues and critics for her versatility, Nicole is one of the most honored actresses of her generation.

Her accolades include six Golden Globe awards, one BAFTA, two prime time Emmys and an Academy Award for Best Actress at the Hours in 2003.

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