This is the game I'm most excited to see on the next gen consoles. For those who haven't heard its a online-multiplayer 3rd person "tactical" shooter (that term gets thrown around too much). The Wiki plot quote sums it up fairly well:

The Division is inspired by Operation Dark Winter and Directive 51, real-world events which "revealed how vulnerable we've become"; society has become "fragile" and "complex". In the game, a disease that spreads on Black Friday causes the United States to collapse in five days.[2] The player is part of a group called "Strategic Homeland Division (SHD)", called "The Division" for short. This group was established to combat the threat and do whatever it takes to "save what remains" in a massive multiplayer online situation, putting them against friends, AI, and other players.
There are plenty of videos out there about the gameplay, the engine, etc, but the original E3 reveal is what really caught my attention:

http://www.youtube.com/watch?v=njfj6KwEAfg

Unfortunately the latest rumors are that it won't be out until 2015