In development at Serellan is what they are calling the "spiritual successor to games like Rainbow Six & the S.W.A.T" series is a new IP called Takedown: Red Sabre
. It was announced
right before E3 and it will feature squad-based play in close quarters environments.
Just released is a new trailer showing off new gameplay. Keep in mind this is still a work-in-progress, so judge it accordingly.
Pricing and a release date have not been revealed yet for Takedown: Red Sabre
, but it is expected to launch sometime in the Fall on XBLA.