Job Description
At Lockheed Martin Aeronautics we are committed to shaping the future of aviation! Our Aeronautics Supply Chain team is passionate about delivering innovative, affordable, and agile solutions that exceed our customer’s expectations. The supply chain team touches every product and service we deliver and enables our customers to do the impossible every day. At Aero, we leverage problem solving, creativity, and data to tackle the most exciting challenges in the industry.
Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.
You have arrived at your career destination! Join US!!
Who You AreYou'll be the Price/Cost Analysis Manager
What You Will Be Doing- Managing price/cost analysis on a variety of proposals (development, production and sustainment) for general material, major avionics, and subsystems
- Managing analysis of supplier's projected estimated costs for reasonableness
- Reviewing the significant direct cost elements of material, labor, direct/indirect rates, and special tooling
- Providing evaluations of supplier proposals to the government customer by using prime proposal pricing
- Developing negotiation strategies for both supplier and customer negotiations, achieving company profit objectives, and customer affordability goals
- Utilizing the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation (DFAR) and its applicability to Supplier and Customer Proposals
- Utilizing Truth in Negotiations Act (TINA) requiring Price Cost Analysis work on all supplier proposals over the $2M threshold
What’s In It For YouOur employees play an active role in strengthening the quality of life where we live and work by volunteering more than 850,000 hours annually. Here are some of the benefits you can enjoy:
• Medical
• Dental
• 401k
• Paid time off
• Work/life balance
• Career development
• Mentorship opportunities
• Rewards & recognition
Learn more about Lockheed Martin’s comprehensive benefits package here.This position is in Fort Worth, TX
Discover Fort Worth.Must be a US Citizen. This position will require a government security clearance, after hire. This position is located at a facility that requires special access.
AeroSCM
Basic Qualifications
• Bachelor's Degree from an accredited college or university
• Price/Cost Analysis familiarization/experience
• Lead or Management experience
• Experience Interfacing with Suppliers and/or Customers
• Data Analytics experience
Desired skills
• Experience with the Federal Acquisition Regulations (FAR) or Defense Federal Acquisition Regulations (DFAR), or Department of Defense (DOD) contracts
• Executive leadership engagement experience
• Strong written and verbal communication skills, including the ability to brief executives and customers
• Strong business acumen with the ability to identify cost risks/opportunities and drive negotiation strategy
• Experience leading supplier fact finds and negotiations particularly for sole source efforts subject to TINA.
• Demonstrated success improving standard work, compliance and proposal cycle time.
• Experience leveraging, AI tools (e.g. Large Language Models, automation workflows, analytics models) to increase efficiency and reduce standard work cycle times.
EEO
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.*
Join us at Lockheed Martin, where your mission is ours. Our customers tackle the hardest missions. Those that demand extraordinary amounts of courage, resilience and precision. They’re dangerous. Critical. Sometimes they even provide an opportunity to change the world and save lives. Those are the missions we care about.
As a leading technology innovation company, Lockheed Martin’s vast team works with partners around the world to bring proven performance to our customers’ toughest challenges. Lockheed Martin has employees based in many states throughout the U.S., and Internationally, with business locations in many nations and territories.
Other Important Information
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to work remotely
Onsite Full-time: The work associated with this position will be performed onsite at a designated Lockheed Martin facility.
Work Schedule Information
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Security Clearance Information
This position requires a government security clearance, you must be a US Citizen for consideration.
National Pay Statement
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $111,700 - $196,880. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Premium Pay Statement
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $128,400 - $222,640. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.