It's "early in development" right now but it looks like another MOH title, one that could involve some co-op play. They want "extensive knowledge" of weapons.
DC is looking for a Senior Gameplay Engineer and a Weapons & Vehicles Artist according to their advertised job openings. The candidate ideally has an "extensive knowledge of modern military weapons", an obvious must for a first-person shooter.
Deeper into the job criteria it lists "multiplayer and/or co-op development" experience, which could mean they want some co-op action in the next Medal of Honor. The reboot for the series hit Xbox 360, PS3 and PC last October to week one sales of 1.5m.