Supply Chain - Price Cost Analyst - Level 4

Price Cost Analyst Staff

At Lockheed Martin 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.

As a Price Cost Analyst Staff member, you will develop supplier capture strategy for pursuit of long-range objectives and strategic plans to ensure effective material integration on program campaign pursuits, and establish new or renewed contracts. What you will be doing includes:

• Complex supplier proposals within the Aeronautics division of Lockheed Martin.
• Reviewing supplier proposals, cost and pricing data submitted and all other factors provided by supplier in support of their proposal.
• Conferring with suppliers and analyzing supplier operations to determine factors that affect price. Preparing reports and charts that present findings.
• Negotiating standard and non-standard contracts with suppliers.
• Maintaining communications to ensure timely contract execution by both parties.
• Providing final contract negotiation documents that are consistent with agreements reached in negotiations.
• Planning and participating in training of Price/Cost Analysis practices and negotiation techniques to company personnel.
• Being a mentor for less experienced analysts in the group. Proficient in AI prompting as it applies to this position and practice.

From on-site to hybrid, we offer flexible work schedules to comprehensive benefits investing in your future and security. Must be a US Citizen this position will require a government security clearance. This position is located at a facility that requires special access. This position is in Fort Worth, TX.

Basic qualifications include a Bachelor's or Master's from an accredited college or university and experience in (2) or more of the following fields: negotiations, supply chain, procurement, statistics/mathematics, engineering, accounting, financial analysis, price analysis, cost analysis, and advanced in Microsoft Excel.

Desired skills include experience with analyzing and negotiating government contracts, Federal Acquisition Regulation (FAR) requirements, and Cost Accounting Standards (CAS), experience in cost analysis and evaluation techniques used in assessing supplier proposals, experience communicating departmental and program messages to both Lockheed Martin personnel, as well as the customer, and experience operating in a fast paced environment.

Pay information:
Full-time salary range: $89100.00 - $165500.00. At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally. Benefits offered: medical, dental, vision, flexible work arrangements and schedules, 401(k) match, paid time off, holidays, parental leave, EAP, flexible spending accounts, education assistance, life insurance, short-term disability, and long-term disability.

Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.