We contacted SOE for a statement. Here's their response: "We are always trying to plan ahead for our titles in development and at times that means acquiring TM's or URL's that we feel we may want to own in the future. At this point SOE has made no official announcement regarding this Covert Ops TM and any information in the marketplace about it is premature."
What could this mean? Well, it could be a name change, but SOE has several studios from Seattle to L.A. down into Tucson and Austin, too. So, while it's very possible that Covert Ops could be a name change, our bet would be on either a wholly different game or potentially a future expansion. That's just our guess, of course. And there's always the possibility we may never know.