Date Posted:2024-11-07Country:United States of AmericaLocation:TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USAPosition Role Type:OnsiteAt Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies de
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Principal Cost Engineer & Modeler
Job Description:

Date Posted:

2024-11-07

Country:

United States of America

Location:

TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USA

Position Role Type:

Onsite

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.

Life Cycle Engineering (LCE) is responsible for ensuring our products are Safe, Reliable, Maintainable and delivered on time.  Life Cycle Engineering consists of multiple disciplines that support engineering, our program offices and our customers.  Our Life Cycle Engineering disciplines participate in the total life cycle of our products from conception to deactivation.  Our focus area is product support, including the following disciplines:  Reliability System Safety and Supportability.


What You Will Do:
As a Cost Engineer and Modeler you’ll play a crucial role in the analysis of defense-related projects. You’ll be responsible for developing and maintaining cost models, conducting cost analyses and supporting decision-making processes to ensure cost-effective solutions. If you have experience in the defense industry and a strong background in engineering, finance and / or data analysis, please read on for more info about this great opportunity!

Your key responsibilities will include:

  • Collaborating with engineering, finance and project management teams to gather data and validate cost estimates.
  • Developing and maintaining cost models for defense systems and products.
  • Performing detailed cost analyses to support project planning and budgeting.
  • Incorporating cost-saving opportunities and modelling solutions to optimize project costs.
  • Mentoring junior modeler in the basic modeling techniques and concepts
  • Supporting continuous cost modeling and affordability process improvement

This job is posted as ONSITE, and is based at Raytheon’s McKinney, TX facility.

Qualifications You Must Have:

  • Typically Requires a Bachelor’s Degree in Science, Technology, Engineering or Math (STEM) and a minimum of 8 years of prior relevant Finance, Cost Engineering, Project or Program Management experience. An advanced degree may account for additional years of experience as required for this position.
  • Experience with cost engineering or cost modeling within a Department of Defense environment.
  • The ability to obtain and maintain a U.S. government issued Secret security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance

Qualifications We Prefer:

  • Experience with multiple the following costs estimating models: OPUS Suite, Extend SIM, ACE-IT, COMPASS, SEER, or PRICE SYSTEMS LLC
  • Experience developing cost estimates across the Product Life Cycle.
  • Knowledge of DoD/Government Finance /Business / Auditing
  • Ability to write VBA in MS Excel and C program language
  • Experience in Manufacturing environment
  • Strong analytical and quantitative skills, with proficiency in cost estimation tools and software.
  • Ability to work effectively in a cross-functional team environment while managing multiple projects in a deadline-driven environment.

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, Innovation and Safety.

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.

This position requires ability to obtain a security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm

We Are RTX

We Are RTX - YouTube

LI-ONSITE

The salary range for this role is 96,000 USD - 200,000 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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Company Details
Raytheon Technologies
870 Winter Street
Waltham, Massachusetts 02451 USA
www.rtx.com/
1107 Open Jobs Available
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It includes four industry-leading businesses—Collins Aerospace, Pratt & Whitney...

Supported Manufacturers:
Bombardier

Supported Models:
Challenger, Global
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Job Info
Location
McKinney, Texas, United States
Type
Permanent
Company Details
Raytheon Technologies
870 Winter Street
Waltham, Massachusetts 02451 USA
www.rtx.com/
1107 Open Jobs Available
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It includes four industry-leading businesses—Collins Aerospace, Pratt & Whitney...

Supported Manufacturers:
Bombardier

Supported Models:
Challenger, Global

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