In a new interview with The Los Angeles Times, Iron Man 2 director Jon Favreau didn't reveal anything too groundbreaking regarding the sequel. But any news on this wildly-anticipated follow-up is worth mentioning.

While there hasn't been an formal announcement on the sequel to Iron Man, Favreau has begun developing it.

"We're working on it now, which hasn't been officially announced. It will be released in 2010," the director told the newspaper.

Marvel Studios and Paramount Pictures are targeting a release date of April 30, 2010. That would ensure that the blockbuster kicked off that summer.

Justin Theroux (Tropic Thunder) is writing the script and in addition to Robert Downey Jr., the first film's co-stars Gwyneth Paltrow and Terrence Howard are expected to return.