"F.E.A.R. (First Encounter Assault and Recon) is a first-person close-quarters combat game for the PC. The story begins when a paramilitary force infiltrates a multi-billion dollar aerospace compound, and the government responds by sending in Special Forces. The group loses contact with the government when an eerie signal interrupts radio communications--and when that interference subsides moments later, the team has been destroyed. That's where you come in. As part of a classified strike team created to deal with threats no one else can handle, your mission is simple: eliminate the intruders at any cost, determine the origin of the signal, and contain the potential crisis before it gets out of control." - IGN
It's similar to Silent Hill 2, set in the slight future.
It sounds interesting, and the Single Player should be pretty cool. Going to be an awesone phychological thriller.