Last week, we brought you the news when James Badge Dale (World War Z) joined the cast of director Shane Black‘s forthcoming installment of Marvel Studios‘ wildly successful Iron Man franchise as a villain named Eric Savin, a character from Marvel Comics who was a Lieutenant Colonel in the United States Army that stepped on a landmine, and after being dead for 2.3 minutes is resurrected as the cyborg Coldblood.

Now, Variety reports that Ashley Hamilton (Femme Fatales) is currently in talks to portray the villain Firepower in Iron Man 3, the pilot of an experimental pilotable armored suit for Edwin Cord (the rival businessman of Tony Stark), Jack Taggert eventually uses the suit to battle Iron Man. The trade reports that the character of Firepower is a small role in the film.

As we previously reported, the Extremis story arc penned by Warren Ellis is said to be the template for this film. The Extremis nanobots are used by terrorists and later by Stark to enhance his Iron Man suit and give him additional powers and control over the suit. With the additions of Coldblood and Firepower, this is beginning to look like an Extremis/Armor Wars mash-up.

In addition to Hamilton’s possible casting, Iron Man and Iron Man 2 actor/director Jon Favreau has confirmed on Twitter that he will indeed be reprising his role as Happy Hogan in Iron Man 3. Favs posted the picture below from the set of the film.

Iron Man 3 is slated to hit theaters on May 3rd, 2013.