As mentioned earlier, this black suit in Spider-Man: Far From Home will be the fourth Spider-Man costume to be featured in the MCU.
Then came Avengers: Infinity War, where Tony put Peter in the Iron Spider suit when they made a beeline for outer space trying to stop Ebony Maw.
Peter briefly went back to his hoodie and long johns look in Spider-Man: Homecoming when Tony took away his classic suit, but by the end of the movie, he was back to looking like traditional Spider-Man.
The Iron Spider is even more technologically impressive that the classic Spidey suit, so it will be interesting to see if the black suit comes close to matching Iron Spider’s capabilities or if it was designed to emphasize certain features over others.