Oxley Developments has secured a place on Sharing in Growth (SiG), the government-backed aerospace productivity and competitiveness programme.
Oxley aims to double turnover after five years and treble turnover after ten years of working with Sharing in Growth’s business transformation experts. This growth will also see the creation of a number of new jobs based at the Priory Park site in Cumbria.
Oxley is a leading designer and manufacturer of LED lighting, night vision products and electronic components for the aerospace and defence sector. The company was founded in 1942 and has a 160 strong team at its base in Cumbria, offering a full end to end design and manufacturing service. Oxley works with major aerospace companies across the globe including Boeing, Saab, Gulfstream, Lockheed Martin, and Airbus. Recent key projects include full LED external lighting suites for the Gulfstream G500 and G600, a full range of external lighting for the Saab Gripen, the development of a full suite of external lights for KF-X in South Korea and specialist lighting for the KC-46 tanker program for Boeing.
Oxley applied to join SiG to improve efficiency and transform processes, culture and skills throughout the business enabling them to achieve ambitious growth and export targets. SiG, which this year won the national Semta Skills Innovation Award, individually tailors and delivers an intense and integrated programme of training, coaching and mentoring for ambitious companies in the aerospace supply chain. The programme focuses on leadership, culture and operational capability, delivered by SiG’s own 120 strong team of business coaches as well as a bank of world-leading experts including The University of Cambridge’s Institute for Manufacturing, Deloitte, Industry Forum and the National Physical Laboratory.
Prime Minister Theresa May said: “On my recent visit to Oxley, I saw the drive, determination and forward-thinking needed for any company to become a part of the Sharing in Growth programme. It was clear the staff and leadership team at Oxley have what it takes to make a success of the scheme and continue to deliver on targets for growth and exports.”
Oxley CEO, Martin Blakstad commented, ‘We’re delighted to have been accepted on to the world-class SiG programme. The structure will allow us to improve processes, gain efficiency and empower our people to deliver ambitious growth and set us on our way to greater success. We look forward to building on the strong relationship we have developed with the Sharing in Growth team and working closely with them moving forward.’
SiG CEO Andy Page added; “Sharing in Growth is delighted to support Oxley’s plans to double and then treble their turnover in the next ten years. Working with 60 aerospace companies, we aim to secure 50,000 man-years of work for the UK by driving improvements in operational competitiveness, leadership capability and business strategy. Already we are achieving a 60:1 return on public investment.”
The SiG programme was created five years ago to upskill UK aerospace suppliers to achieve around 20% competitiveness improvement and so secure contacts and jobs. Endorsed by Airbus, BAE Systems, Boeing, Bombardier, GE, GKN, Leonardo, Lockheed Martin, MBDA, Rolls-Royce, Safran and Thales, SiG is supported by the Regional Growth Fund and more than £150 million in private investment. The programme is both ground-breaking and effective, having helped programme participants secure more than £2.4 billion in contracts through increased competitiveness and productivity.