Senior Cost Estimating Specialist - Millennium Space Systems

Job Description

Be a Senior Cost Estimating Specialist at Boeing’s Millennium Space Systems, a national‑security satellite company. The role is an on‑site position in El Segundo, California, where you will lead cost‑estimating efforts for government (Department of Defense, NASA, and other federal agencies) projects.

• Lead the cost‑estimating effort, preparing detailed and accurate cost estimates for government projects.
• Analyze Requests for Proposals (RFPs), Statements of Work (SOWs), Technical Requirements Documents (TRDs), and other proposal documentation to develop estimates that align with customer requirements.
• Generate submission‑ready cost proposal articles, including cost volumes, rate justifications, bill of materials, basis of estimates, and supplier consent packages.
• Work closely with program management, engineering, finance, and contracts to ensure alignment between engineering solutions and cost estimates.
• Ensure compliance with FAR, DFARS, CAS, TINA, and other relevant regulations.
• Assist with program baselining and execution efforts.
• Track and analyze cost estimate versus actual costs to recommend mitigation strategies and identify opportunities for future proposals.
• Conduct risk analysis, what‑ifs, and cost‑realism assessments to ensure pricing accuracy and executability.
• Prepare detailed cash‑flow projections.
• Present cost estimates and pricing strategies to executive leadership and participate in customer negotiations.
• Continuously assess and improve estimating processes and tools to maintain efficiency and accuracy.
• Support audit reviews by government agencies (e.g., DCMA, DCAA) to ensure transparency and adherence to policies and procedures.

• Must obtain and maintain a TS/SCI security clearance.
• Knowledge of FAR, DFARS, CAS, and TINA.
• 5+ years of experience leading major cost‑estimating efforts for a government customer.
• Strong communication and analytical skills necessary to articulate pricing strategy to senior business and finance leaders.
• Advanced proficiency with Microsoft Office, especially Excel.

• Master’s degree in engineering or business.
• 8+ years of experience leading major cost‑estimating efforts for a government customer.
• Experience preparing and analyzing detailed cost summaries, learning curves, cash flows, liability profiles, and price summaries for corporate approvals.
• Experience generating work breakdown structures and cost estimates with associated cost volumes.
• Experience working with technical and functional teams to develop accurate and reliable cost estimates.
• Experience reviewing proposal documentation (TRDs, SOWs, solicitation instructions, CDRL, GFX lists, etc.).
• Experience generating basis‑of‑estimates and bill of materials before engineering inputs.
• Experience reviewing and generating Integrated Master Schedules, DCMA 14‑point checks, and/or Schedule Risk Assessments.
• Experience with risk analysis, specifically cost and schedule quantification.
• High‑level understanding of the design, development, and/or operations of space vehicles.
• Experience with DoD and/or Intelligence Community proposals.
• Proficiency with Pro Pricer or other relevant pricing software.

Millennium Space Systems offers a competitive Total Rewards package including: medical, dental, vision, health‑savings accounts, flexible‑spending accounts, retirement savings plans, life and disability insurance, and paid and unpaid time off. Pay is based on experience, qualifications, market and business considerations.

Pay range

• Level 4: $113,900 – $167,500

• Level 5: $143,650 – $211,250

Applicants must be U.S. citizens and eligible for a security clearance. The position requires the ability to obtain a U.S. Security Clearance; an interim and/or final U.S. Top Secret/SCI Clearance Post‑Start is required.

This US‑based role requires a U.S. Person status per 22 C.F.R. §120.62. The position is located at a facility that requires special access; no relocation assistance is provided.

Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, disability, or other legally protected characteristics.