🛡️Notice of Changes in National Armaments Consortium Membership
Notice Pursuant to the National Cooperative Research and Production Act of 1993-National Armaments Consortium
Summary
The Department of Justice issued a notice concerning updates to the membership of the National Armaments Consortium (NAC). This announcement highlights the addition of various entities to the consortium, which operates under the National Cooperative Research and Production Act of 1993, aimed at enhancing collaboration in defense-related research and development initiatives.
Agencies
- Justice Department
- Antitrust Division
Business Impact
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The regulatory notice pertains to changes within the National Armaments Consortium which may affect business collaborations and participation in antitrust protections. As numerous defense contractors have been added, businesses in this industry could benefit from the cooperative research and production initiatives as well as reduced legal liability surrounding antitrust claims.