According to Tokyopops twitter, in response to a fan asking when we could expect anymore of the novels to be released in english, they replied:
“Feb 1, 2011. It’ll be two vols in one, telling “Ending Day by Day” story arc. We haven’t announced it yet, so tell your friends pls!”
For those that don’t know, Ending Day by Day is the story which was told in Full Metal Panic: The Second Raid, which would have normally of been released as two seperate novels(upper and lower), but i assume because of the 3 year delay, they decided on making it into a double volume, so you’ll get the entire arc. Hopefully this means that we’ll finally get the novels based after it, and which haven’t been animated, released here. Here’s hoping.