I made a remark elsewhere in the forums regarding this. From the Variety comment above, does this mean that we will be getting a conclusion or continuation to the story from Alien:Covenant? Previously, this film was pitched as a standalone story, but we have seen these kinds of marketing shenanigans before. Remember when Prometheus was "not an Alien movie but existed in the same universe"? Also, Fede pitched the story to Ridley Scott. Scott or Scott Free do not own Alien, but it was important to get his involvement with the story. If the colony in this film is made up of relatively young people, it could be akin to what we saw in Raised by Wolves: an upstart colony predominantly made up of young people who encounter mysteries on the home planet where the story is told. Could it be that the Covenant is a form of derelict that is found there? Just speculating. I also thought about this when I saw the crashed ship in the Noah Hawley Alien art (giant WY ship crashed into a metro area with Alien eggs inside). I would be all for the "David storyline" to conclude.