Anytime you can give Elvis Presley another grandchild you gotta go for it.  Michael Lockwood has done just that by knocking up his wife Lisa Marie Presley.  LMP is expecting Teddy Bear #3.

Lisa Marie has two children already, daughter Riley, 18, and son Benjamin, 15, with ex-husband Danny Keough.

Unfortunately Lisa had no children with former husbands Michael Jackson and Nicholas Cage.

Congrats to Lisa and Michael (Lockwood) on their first baby together.   No word just yet on how far along the pregnancy is.
source: Knocked Up Celebs