The Division had not received the official release date statement, and had oft been rumored to be headed to 2015, but no official word had been revealed by Ubisoft up to this point. The Division - headed to PC, PS4, and Xbox One - was announced during E3 2013 and was very well received by the community at large.
Massive, the development team, made an earnest statement on the Ubisoft page,
Working on The Division is a once in a lifetime opportunity for all of us at Massive, Reflections, and Red Storm Entertainment. We are creating something we are really proud of and we don't want to compromise on quality. We are going to release the game when it's ready.
Ubisoft is no stranger to delays, with the upcoming Watch Dogs having been delayed from the launch of both the Playstation 4 and Xbox One to it's upcoming May 27th date.
While the dev team and gamers undoubtedly aren't excited about a delay, Massive did promise some sort of news at next month's E3 conference, stating, "The production is getting stronger every day and we can't wait to show you what we’ve been up to at this year’s E3. :)"