Search Results for keywords:"National Armaments Consortium"

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Search Results: keywords:"National Armaments Consortium"

  • Type:Notice
    Citation:86 FR 5251
    Reading Time:about 3 minutes

    The National Armaments Consortium (NAC) has informed the Attorney General and the Federal Trade Commission about changes in its membership as required by the National Cooperative Research and Production Act of 1993. Several new organizations, such as Acutronic USA Inc. and L3Harris Technologies Power Paragon, Inc., have joined the consortium, while others, including AAI Corporation Inc. and Optimax Systems, Inc., have left. Membership in the consortium remains open, and the NAC continues to update its membership details regularly as per legal requirements. The last notification was filed on October 9, 2020, and announced in the Federal Register on October 30, 2020.

    Simple Explanation

    The National Armaments Consortium (NAC) is a group of companies that work together on big projects. Recently, some new companies joined, and some left. They have to tell the government about these changes, but the rules about how and why this happens are a bit confusing.

  • Type:Notice
    Citation:90 FR 10951
    Reading Time:about 3 minutes

    The National Armaments Consortium (NAC) has disclosed changes in its membership as part of filing notifications under the National Cooperative Research and Production Act of 1993. This action ensures that antitrust plaintiffs can only recover actual damages in specific situations. New members have been added to the NAC, including various companies from different states, but no other changes to the group's activities or membership plans have been reported. The NAC continues to keep its membership open for further participation.

    Simple Explanation

    The National Armaments Consortium is like a big club where new companies can join to help make special tools and inventions, and they have to tell everyone when they add new members. This way, if someone thinks they've done something wrong, like playing unfair, they can only ask for real damages, not extra money, in some situations, which isn't explained here.