Due in the Summer of '08 for PS3 and X-Box 360.

From Mania.com:

"LucasArts and development partner Day 1 Studios have announced Fracture™, in which players reshape the battlefields in a futuristic conflict with global implications. This epic war fought on American soil pits cybernetically enhanced soldiers against warriors augmented by the benefits of advanced genetic engineering. The company that brought you Star Wars and Indiana Jones, as well as successful new intellectual properties such as Mercenaries (the No. 1 new IP in 2005) and Thrillville (the No. 1 original children's IP of 2006), presents a new franchise full of groundbreaking next-generation gameplay, an intriguing storyline and compelling characters."

Click here fot the full story at Mania.com.

Click here to visit LucasArts.com and see some screen shots and a trailer.

Thanks to Ryan J. for the link.

Update: Click here and head over to Starwars.com and see a trailer for "Fracture."