Just finished watching the demo avi for it. Looks bloody amazing. Basically it is a TFC mod for UT.
It has some really cool looking weapons which consist of:
Assault Pistol, Combat Knife, Flame Thrower, Grenade Launcher, Jackhammer, Assault Cannon, Mortar, Rocket Launcher, SMG, Sniper Rifle, Tranquiliser Gun
Also has an awesome looking sentry gun, detpacks, spanner for the engie(armourer), health packs like in UT, ammo packs like in TFC but reskinned and the dispenser made by the armourer.
Player classes are Ranger, Marksman, Commando, Demolitionist, Field Medic, Arsonist, Heavy Gunner, Saboteur, Armourer.
http://www.unrealfortress.com/