H-Hour: World's Elite is a successor to the SOCOM series and its in development by SOF Studios along with SOCOM creator David Sears. It was recently sucessfully funded on Kickstarter at Jul,7,2013 with 2,772 backers and a total of $252,662.
This game will be released around 2016 for the PC and PS4.
It will contains a scheduled Campaign mode, as part of DLC releases.
On Steam now in Early Access on Steam - http://store.steampowered.com/app/293220