It was announced a couple of years back that it was in development on planetcnc.com.  Now EA have officially announced it and the first screen shots are here.

Tesla Gunboats.

PC, PS3 & 360.

http://www.ea.com/redalert/main.jsp

Sweet.

I loved RA2 so much but never really got on with Generals, I hope they can recreate the gameplay of RA2.

AND ARMOURED BEARS FTW

Saw this last night, looks interesting, need more info though - Red alerts were the best

how did i miss this thread, this game looks amazing!!! cant wait