Red Faction 3 Heads to PC, PS3, Xbox 360

The third title in the long-dormant Red Faction franchise will arrive during THQ's next fiscal year, the publisher confirmed in a financial conference call yesterday. The company's 2009 fiscal year runs from April 1, 2008 to March 31, 2009.

According to THQ CEO Brian Farrel, Red Faction 3 is being developed for the PC, PlayStation 3, and Xbox 360 at the THQ-owned Volition Studios. Since its work on the first two Red Faction games, Volition has been best known for the open-world X360 crime simulator, Saints Row. A PS3 and X360 sequel to Saints Row is currently in production at the studio as well.

Released in 2001, the original Red Faction was a sci-fi first-person shooter that focused on environmental destruction. The sequel, which debuted in 2002, continued the tradition of geometry deformation, allowing players to tunnel through floors and walls. It appears the third game in the series will carry that torch, with Farrel claiming it will feature "more exciting destruction technology," reports GameSpot.

An official unveiling of Red Faction 3 and more details are expected in the coming weeks.