Armaments Consortium Adds Members, Dodges Lawsuits in Bureaucratic Shuffle
Published Date: 2/28/2025
Notice
Summary
The National Armaments Consortium (NAC) just updated its membership with lots of new companies and organizations joining the team. This change helps keep legal protections in place that limit lawsuits to actual damages, making it safer for members to collaborate on defense projects. These updates took effect on November 15, 2024, and affect all current and new members involved in this group.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Antitrust Damage Limits for Consortium Members
On November 15, 2024, the National Armaments Consortium filed notice extending the protections of the National Cooperative Research and Production Act so that, under specified circumstances, antitrust plaintiffs’ recovery is limited to actual damages for members. This change applies to the companies and organizations listed as newly added members and to current and future members of the group.
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Key Dates
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