Principal Specialist Estimating and Pricing

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At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world. 

An excellent opportunity exists within the Material Estimating Organization as a Principal Specialist Estimating and Pricing. The estimating organization is responsible for the preparation of various types of proposals for development, production and competitive contracts including modifications to existing contracts.  In addition, the Estimating Organization supports gate reviews, government audits, and negotiations with the customer. 

This position is an on-site role for the McKinney, TZ or El Segundo, CA locations, and the selected applicant will work with the hiring manager to set schedule.

What You Will Do

• Be responsible for the development, analysis and completion of material proposals
• Work with other functions from across the company to understand and evaluate the material and other direct costs associated with proposed contracts and the associated program
• Utilize company estimating and pricing programs and tools
• Lead the development of Material Basis of Estimates to include tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring consistency across the program, and confirming the estimating approach is sound
• Ensure proposals comply with all FAR and internal requirements
• Assess, develop and implement solutions leading to a thorough material package 
• Perform detailed and complex analysis of inputs to ensure soundness in our material estimates

Qualifications You Must Have

• Typically requires a bachelor’s degree in Accounting, Finance, Business Administration, or related/applicable field and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years’ experience
• Experience with Microsoft Office products (Word, PowerPoint, Excel)
• The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance.

Qualifications We Prefer

• Strong organization and analytical skills
• The ability to work well in teams, with peers and management
• Strong oral and written communication skills
• Demonstrated ability to consistently meeting deadlines in a schedule driven environment
• Knowledge and experience with proposal development, price buildup, and estimating and pricing processes
• Knowledge of and/or experience with federal proposal regulations including but not limited to: FAR, DFAR, TINA

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.

Learn More & Apply Now!

• RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.

We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progress, knowing that a more inclusive world is critical to our mission. Not just in this moment, but always.

Please consider the following role type definition as you apply for this role.

Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.

The salary range for this role is 77,000 USD - 163,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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