It's a new year, and its not a new rumor, but recent information has come to light lending more credence to the fact that Activision friendly studio Raven Software may be working on a Call of Duty title. A recent job posting on Raven's site is what's stirred up the hornets nest, here's the text:
...seeking a lead visual effects artist to drive the development of stunning visual effects for an established console-based, realistic, first-person military shooter
Obviously this isn't a new IP and with the only other "realistic" military shooter on Raven's resume being Soldier of Fortune, a game that was more popular and established as a PC title than a console title, signs are pointing to something Call of Duty related.
Other possible explanations point at Raven being used to create DLC for an existing CoD game, most likely Black Ops. This was a rumor that had popped up back in May of this year, but given where we are in that game's life cycle, and the fact that this job has just been posted, its unlikely that in this case.
Raven Software has been around for quite a while and are one of the more respected developers in the industry. They've consistently put out quality titles over the years so the idea of them getting their claws into the Call of Duty franchise excite us...especially if it has co-op.
Source: Mcvuk.com