Late singer/songwriter Hank Cochran will be posthumously inducted into the Country Music Hall of Fame as part of the Class of 2014.

Cochran, who penned hits for artists like Patsy Cline, Ray Price and Eddy Arnold, will join Ronnie Milsap and MAC Wiseman as the latest additions to the Nashville, Tennessee museum.

Wiseman, who will be inducted as part of the veterans era category, admits the recognition is a dream come true, stating, "I anticipated and hoped for it a long time. This is the biggest thing that's ever happened to me in my 70-odd years. Being in the same categories with all the greats over the years, I'm just really flattered."

Milsap will go down in history as part of the modern era inductions, while Cochran, who lost his battle with cancer in 2010, will be feted in the songwriter category at a ceremony later this year (14).

Last year's (13) inductees were Kenny Rogers, Bobby Bare and the late Cowboy Jack Clement.