Paradox Interactive announces Arsenal of Democracy, a new game based on Hearts of Iron II being developed by mod team BL-Logic planned for release in December of this year. Here is the box art and some screenshots, and here's the announcement:

ARSENAL OF DEMOCRACY - A “Hearts of Iron” Game The ultimate World War II simulation arriving this December

NEW YORK – September 8, 2009 – Paradox Interactive are excited to unveil a brand new Hearts of Iron game entitled Arsenal of Democracy, set to release on PC in December.

Developed by BL-Logic, a development studio made up by fans of the Hearts of Iron series and active member of the modding community, Arsenal of Democracy is the ultimate World War II simulation and is described by Project Leader Lennart Berg as “Hearts of Iron II on steroids!”

Describing the idea and process behind the creation of Arsenal of Democracy, Berg goes on to say, “During the years of the Hearts of iron II lifecycle, I made a list of improvements in the forums and these became the guidelines to the new game. So we went ahead and implemented these along with many more ideas until we had pretty much replaced and enhanced everything from the original. The end result, in our very humble opinion, is the ultimate World War II simulation.”

KEY FEATURES
* Increased resolution and windowed mode freely selectable
* Totally reworked combat mechanics, new missions and realistic combat behavior and losses
* Several new technologies
* New espionage interface and reworked espionage system
* One of the most detailed economy and production system found in any Hearts of Iron game
* Realistic logistics system
* Everything is moddable
* AI reworked and now poses a genuine threat, even to experienced players
* 4 new battle scenarios