28 Feb 2025

⚓NSTIC Membership Changes Notice Under Antitrust Provisions

Notice Pursuant to the National Cooperative Research and Production Act of 1993-Naval Surface Technology & Innovation

Summary ?

The Department of Justice's notice announces updates to the Naval Surface Technology & Innovation (NSTIC) membership in accordance with the National Cooperative Research and Production Act. It highlights the additions of several companies and reaffirms the project's commitment to disclosing future membership changes, aiming to promote collaborative advancements in military surface technology.

Agencies

  • Justice Department
  • Antitrust Division

Business Impact ?

$$ - Med

The notice from the Department of Justice involves changes to membership in the NSTIC and notification under the National Cooperative Research and Production Act, which may limit antitrust recovery for participating businesses, influencing their risk management and compliance strategies.

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