The Hollywood Report‘s “Heat Vision Blog” is reporting that Jon Favreau has signed on to direct Robert Downey Jr. in the DreamWorks/Universal sci-fi Western Cowboys & Aliens, based on the Platinum Studios comic book series. This will be the third pairing of the duo who had enormous success with last year’s Iron Man and are currently finishing up that movie’s anticipated 2010 sequel Iron Man 2. It’s being reported that this will be Favreau’s next project on completion of the sequel.
The comic explores what would happen if the traditional Old West enemies — cowboys and Native Americans — found the prairie attacked by aliens in mid-1800s Arizona.
The project has been in development for many years under a variety of producers and writers, the most recent version being written by executive producers Alex Kurtzman and Roberto Orci, along with “Lost” executive producer Damon Lindelof. The project has long been in development by Imagine Entertainment’s Brian Grazer and Ron Howard, who remain on as producers, along with Platinum president Scott Rosenberg.
You can read more about the project over at Heat Vision.