Warner Bros. today announced the third installment in the F.E.A.R franchise, F.E.A.R 3.

The game which is being developed by Day 1 Studios instead of Monolith will be released on the Xbox 360, PS3 and PC this autumn and features single player as well as co-op modes.

The story revolves around Alma's two sons, Point Man and Paxton Fettel which players control in co-op. Point Man is a genetically enhanced super soldier originally introduced in F.E.A.R. whereas Paxton Fettel has "incredible" telekinetic power.

"Warner Bros. Interactive Entertainment is evolving the F.E.A.R. brand with top horror, co-op and first person shooter combat in F.E.A.R. 3," said Martin Tremblay, President, Warner Bros. Interactive Entertainment. "Monolith Productions has passed the torch to Day 1 Studios to create a quality, powerful game that stays true to the roots of the F.E.A.R. franchise but takes players to a heightened level of gameplay."

To help ensure the fear, Warner have hired horror director John Carpenter (Halloween, Village of the Damned) and horror comic and script writer Steve Niles (30 Days of Night)

"After working closely with Monolith, Day 1 is honoured to bring the next iteration of the F.E.A.R. franchise to gamers with key elements of the past games yet providing fresh combat and horror experiences in F.E.A.R. 3," said Denny Thorley, Founder and President, Day 1 Studios. "Players can look forward to new features such as divergent co-op, an evolved cover system, and more scares in F.E.A.R. 3."