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DroneShield: Hires Christopher Pyne’s lobbying firm | Fintech InShorts: Latest fintech news, analysis by experts

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DroneShield: Hires Christopher Pyne’s lobbying firm

By Steve Sam

February 1, 2021

DroneShield (DRO) has appointed Christopher Pyne’s lobbying firm to oversee its bids for government defence contracts
The defence tech developer hired Pyne and Partners to support its executive team as it jockeys for a bigger piece of Australia’s defence expenditure pie
Last year, the Morrison Government earmarked nearly $43 billion in defence funding for 2020-2021
Pyne and Partners is led by former Defence Minister Christopher Pyne and his previous Chief of Staff, Adam Howard
Today’s announcement comes after DroneShield revealed it banked over $2.1 million in customer receipts during the December quarter — an all-time high for the company
DRO shares closed down 2.86 per cent, trading at 17 cents each

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