In an update on the band's website, Judas Priest revealed they are currently in the studio working on a new album. The album is untitled as of now but we are looking forward to it's release.
Judas Priest will also be releasing a live DVD/Blu-Ray, Epitaph, recorded during their 2011/2012 world tour. The band says that the release date for Epitaph will be revealed shortly.
In other recent Judas Priest news, the band achieved success in the Japanese Burn! magazine polls, winning the Best Live Act, 2nd Most Shining Act, Rob Halford in 4th for Best Vocalist, and Screaming for Vengeance 30th Anniversary DVD won 7th in the category for Best DVD.
According to Judas Priest's website, they are keeping quiet during the recording of the album so we're going to have stay tuned for more details!
Source: Ultimate Guitar