The one part he will be ignoring or at least 'fixing' is the origin of the Xeno. Per his interview, he stated that the xenomorph is a result of millions of years of evolution and he wants to restore mystery to it. So he might be playing off the idea that David simply stole the concept from the engineers, basically just recreating the Xeno best he could.
We know David is losing his mind in Covenant, given he couldn't accurately recall who wrote Ozmandias when prompted by Walter. Given that and his god-complex instilled within him being modeled after Weyland, it's easy to see how he would assume the Xeno creation as his own, when all he was really doing was frankensteining together ingredients to mimic a species that was perfected millenniums ago. That is the direction I can almost guarantee Noah takes with his series.