Search Results for keywords:"Maritime Sustainment Technology and Innovation Consortium"

Found 2 results
Skip to main content

Search Results: keywords:"Maritime Sustainment Technology and Innovation Consortium"

  • Type:Notice
    Citation:90 FR 10945
    Reading Time:about a minute or two

    The Maritime Sustainment Technology and Innovation Consortium (MSTIC) has updated the Department of Justice and the Federal Trade Commission about changes in its membership. New members include various companies and institutions like Amaero Advanced Materials and Manufacturing, Inc. and Carnegie Mellon University. These notifications are part of a process to limit the amount antitrust plaintiffs can recover in certain legal circumstances. MSTIC remains open to new members and will continue to report changes as they occur.

    Simple Explanation

    The Maritime Sustainment Technology and Innovation Consortium added new members like some companies and universities, and they have to tell certain government bodies to make sure they aren't breaking any rules that stop unfair competition.

  • Type:Notice
    Citation:89 FR 104213
    Reading Time:about 2 minutes

    The Maritime Sustainment Technology and Innovation Consortium (MSTIC) has updated its membership by adding several new companies, including Additive Manufacturing & Engineering, Inc. and BAE Systems Technology Solutions & Services, Inc. Huckworthy LLC has decided to leave the consortium. These changes are part of the notifications MSTIC submitted to the Attorney General and the Federal Trade Commission, aiming to limit antitrust plaintiffs' recovery to actual damages under certain conditions. MSTIC will continue to accept new members and will report any further changes in membership.

    Simple Explanation

    The Maritime Sustainment Technology and Innovation Consortium is a group of companies working together on ship-related projects. Some new companies have joined the group, but one company has left, as they told the government because it's important for following the rules.