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"Iron Man" has a baby on the way!

Robert Downey Jr. and wife Susan Downey are expecting their first child together, RDJ's rep confirms to PEOPLE. "Robert and Susan could not be more excited over this news," says the rep. "They can't wait to welcome this new baby into their wonderful family."

While it is the first kid for the two, who married back in 2005, Robert has 17-year-old son Indio from his previous marriage to Deborah Falconer.
Downey is currently filming "The Avengers," which drops May 4, 2012.


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