Namco-Bandai have confirmed that Armored Core V will arrive this March 23rd in Europe.
V represents a new direction for the franchise. Mech size will actually be scaled down somewhat and more akin to the original PSX game release way back in the mid-1990′s. The game will also be more story driven; with more of an impetus on physical interactions with game’s greater environs and geography.
Japan actually gets the game later this month. It’s PS3 and 360 only.