OXM seems to thinks so, or at least hope so.
"Developed by Pandemic Studios, the title has now found a publisher in EA, stepping into breach with a release date scheduled for later this year.
This is great news on two counts; one, the game is going to receive a huge marketing and advertising campaign - refreshing the gaming masses collective memory that Mercenaries 2 will offer fun filled carnage as you fulfil the role of a mercenary for hire, working for the highest bidder in a world on the brink of World War III. Secondly and more importantly; EA has a tendency to publish their games on multiple formats. And EA loves Xbox 360!
Currently, Mercenaries 2 is only confirmed for the PS3 but as we have witnessed before on the next-gen, exclusive titles are hard to come by. The likes of Assassin's Creed, GTAIV and Virtua Fighter 5 have already made the leap from PS3 to Xbox 360, so it's not exactly rocket science to believe that Mercenaries 2 could do the same."