The actor, who is among the new cast members of the last season of "House of Cards" which started streaming on Netflix over the weekend, is close to signing on for the project, based on producer Howard Overman's adaptation of H.G. Wells' story.
Sources tell Deadline, the series is set to start full production next year.
BBC bosses are also planning their take on the classic sci-fi tale, featuring Rafe Spall, Eleanor Tomlinson, and Robert Carlyle.
The BBC version of "War of the Worlds" will be set in Edwardian England.