David Hayter has reportedly sold New Line on his latest Iron Man script and the project may start early next year.
A director has yet to be chosen for the film but an IGN Insider says the script is very "Tom Clancy-esque" (referring to the popular spy novelist who wrote Red October among other books made into films). It reportedly involves a conflict between Tony Stark and his father Howard over Stark Industries. Iron Man's origin has been updated from his Vietnam roots as originally presented in Tales of Suspense.
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