15 Aug 2025
⚓Notice of Membership Changes in Naval Surface Technology Initiative
Notice Pursuant to the National Cooperative Research and Production Act of 1993-Naval Surface Technology & Innovation
Summary
The Department of Justice issued a notice regarding the membership changes for the Naval Surface Technology & Innovation initiative, aimed at enhancing collaborative research under the National Cooperative Research and Production Act. The notice highlights the withdrawal of multiple companies from the group while keeping membership open for future participants.
Agencies
- Justice Department
- Antitrust Division
Business Impact
$$ - Med
The notice indicates a change in membership of the Naval Surface Technology & Innovation group, relevant under the National Cooperative Research and Production Act, which affects antitrust recovery limitations, potentially influencing competition-related financial outcomes for businesses involved.