Former federal defence minister Christopher Pyne is taking up his first board seat on an ASX-listed company, becoming a director of XTEK, a maker of ballistic shields, armour, helmets and drones which is aiming to capitalise on the sharp rise in defence spending by governments around the globe.
The appointment comes on the day his 18-month exclusion - which applies to all federal politicians for doing work in the area in which they had dealings with when in office - officially expires.