I have recently heard that Rebellion, creators of swbf: renegade squadron, gun: showdown and rogue trooper is going to be taking up the swbf 3 project at a smaller cost than free radical.
I personally think this is a mistake for Rebellion's history is rather poor, although the same could be said about free radical. Rebellion is frankly cheap and worth every penny. I hope it's just a rumor floating around
link to source: http://www.n4g.com/ps3/News-248401.aspx