It's official! Aerosmith lead singer Steven Tyler and lead guitarist Joe Perry were inducted into the Songwriters Hall of Fame last night (June 13) at a bash in NYC. Congrats boys!

Their fellow inductees included the likes of Mick Jones and Lou Gramm of Foreigner fame and more. Elton John was also honored with the Johnny Mercer Award, alongside his songwriting partner Bernie Taupin. So Tyler and Perry were in esteemed company.

Tyler spoke about the honor, celebrating his and his partner's hard working ethos. He stated (quote via NME), "I love that Joe and I are getting inducted tonight because we put our nose to the grindstone. We can't get harmony if everybody is singing the same note." Given the oft contentious relationship between these two artists, Tyler's quote takes on several meanings.

Perry echoed his longtime bandmate's sentiments, nodding to the fact that rock 'n' roll and good music take as much elbow grease as any other job. Even rockers roll up their sleeves and get their hands dirty. "It means that people are listening to what we're doing," the iron-jawed guitarist noted. "Like Steven said, we're always under the hood working, or we're on the road, whatever. That's what the band is, it's work, and we're doing it."

In other Aerosmith news that doesn't relate solely to Tyler and Perry, the band, along with Joan Jett and the Blackhearts and Yeasayer, will perform at the first-ever Living Social Backyard Festival on Randall's Island in New York City on July 13. According to Rolling Stone, the festival will feature music and food from Danny Meyer's eateries.

​The event is Aerosmith's sole scheduled New York appearance this year and locals can enjoy the songs that led to their songwriting honor.