Lynette Rice
September 01, 2009 AT 12:00 PM EDT

Jon Favreau, the director of the Ironman franchise that stars Robert Downey Jr., may helm the actor’s next movie, Cowboys & Aliensaccording to The Hollywood Reporter. Downey’s been attached to the DreamWorks/Universal project – an adaptation of  the Platinum Studios Comics graphic novel written by Fred Van Lente and Andrew Foley – since last summer.  Alex Kurtzman and Roberto Orci (Star Trek, Fringe) are executive producing and writing the script, along with Damon Lindelof (Lost).

The high-concept western pits cowboys and Native Americans against aliens in the 1800s.

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