The Defense Industrial Based Consortium (DIBC) has updated its membership as reported on March 31, 2025, under the National Cooperative Research and Production Act of 1993. Several companies, including Aclara Technologies and Lockheed Martin, have joined DIBC, while Goex Industries has left. DIBC plans to continue updating its membership, and this information has been filed with the Attorney General and the Federal Trade Commission. The update aims to maintain the Act's benefits for limiting antitrust litigation damages under certain conditions.
Simple Explanation
The Defense Industrial Based Consortium (DIBC) is like a big club where companies come together to work on defense projects. Recently, some new companies joined, and one company left, and they told the government about these changes to help keep rules fair for everyone.