which was revealed at ComicCon this summer to be the new look for Don Cheadle's War Machine. For those not aware, Iron Patriot (think Iron Man with a Captain America paint-job) initially debuted in the comics during the Dark Reign storyline as Norman Osborn (aka, the Green Goblin, it's a long story). Of course, the film rights to Osborn belong to Sony along with Spider-man, so that particular story won't be appearing on film, and thus the spangled armor has been passed to War Machine. Not only that, but it appears Iron Patriot is getting a comic makeover as well.
Ultimates #19. Who is in the armor is currently unknown, though it is quite likely new President of the United States, Captain America. This would make sense since an Iron suit is a good stand-in for a Secret Service detail, and Ultimate President Cap hasn't stopped running into battle. Considering the crazy things that happen in the Ultimate U though, it's totally up for grabs. War Machine and Iron Man himself are candidates, as is Nick Fury and almost every Ultimate character who isn't dead yet. EDIT (12/19/2012) Ultimate Iron Patriot is in fact Tony Stark.
Meanwhile in the regular Marvel universe, as part the NOW! relaunch of most titles, a Secret Avengers series will feature a new Iron Patriot.
Ultimately, it's most likely that all three incarnations of Iron Patriot will end up being a repainted War Machine, and that's still good, but it would be fun to get a new suited character in the Universe.