Last Updated: Dec 21, 2017
It depends. If you are a US federal government employee, YES, they may reformat it and sell it as long as they credit you as the author.
US military and US federally-employed civilian students are US federal government employees. US copyright protection is not available for any work of the United States Government, including those works produced as part of a NPS student's official duties.
Some vendors get around the author crediting by stripping off all front-matter to the Table of Contents and changing the “author” to Naval Postgraduate School; or by converting NPS theses to a new format – Kindle – and adds his name as an editor but credits the actual author.
If you are a non-US federal government employee, probably NO, but IT DEPENDS on your contractual agreement with your employer/agency. Check with your legal counsel and they can issue a cease-and-desist if it is not appropriate. Go to the NPS Students and Copyright link below to learn more.
NPS students and their faculty advisors sign thesis/dissertation/capstone release agreements that permit NPS-student authored works to be distributed to NPS and DoD websites in accordance with the security classification(s) and distribution statement(s) selected by the author(s).
Go to the Amazon page for your thesis/dissertation/report, write a Customer Review, and give people a link to the free version via Calhoun, the NPS Institutional Archive, and other sources such as DTIC (links provided below).