Weeks back Joblo ran with a rumor that stated the The Tinkerer would be in the upcoming Spidey reboot and would be the one who develops The Vulture's suit with Chitauri tech. This has been hasn't been confirmed as of yet but Deadline is reporting that actor Michael Chernus (Captain Phillips, Aloha, Bourne Legacy, Orange is the New Black) will take on the role of Phineas Mason aka the Tinkerer.
It hasn't been specified whether he'll be teaming up with Vulture or not. It's probably a safe bet, though.
Spider-Man: Homecoming arrives in theaters July 7, 2017.
http://deadline.com/2016/08/michael-chernus-spider-man-homecoming-villains-1201801646/
Special Thanks to @Kittyattack for the update!!