Job description
Standard Job Description
Centralized Material Estimating Analyst - Level 2
What You Will Be Doing
As a Centralized Material Estimating Analyst, you will play a key role in shaping the cost and pricing strategy for major programs by developing, validating, and maintaining accurate material cost estimates. You will work cross-functionally with Engineering, Manufacturing, Supply Chain, Finance, and Program Management to translate technical and program requirements into well-supported cost projections. Your work will directly support proposals, contract negotiations, and strategic business decisions, ensuring estimates are compliant, defensible, and aligned with customer and internal expectations.
Key Responsibilities
- Develop and validate detailed material cost estimates in support of proposals, negotiations, and program execution.
- Create clear, auditable Basis of Estimates (BOEs) that align technical inputs, historical data, and program assumptions.
- Collaborate with Engineering, Manufacturing, Supply Chain, Finance, and Program teams to gather requirements and ensure cost accuracy and consistency.
- Analyze material requirements, supplier data, and cost drivers to identify risks, trends, and opportunities for cost improvement.
- Ensure estimating activities comply with customer requirements, regulatory standards, and internal policies and procedures.
- Support reviews, audits, and management briefings by providing cost rationale and responding to data requests.
- Contribute to continuous-improvement initiatives by refining estimating processes, tools, and best practices.
Basic Qualifications
• Bachelor’s degree in accounting/Finance, Business, or other related discipline from an accredited school
Experience with data analytics and analysis
Experience with Microsoft Excel and PowerPoint at an advanced or expert level
Desired Skills
• Pricing or functional estimating experience in materials, engineering, operations, and/or Sustainment
• Familiarity or experience with FAR, Part 15 proposal requirements
• Experience coordinating complex estimates with changing requirements
• Experience using proposal pricing systems or BOE tools such as, PROPRICER, APTS, or BOE other tool usage
• Experience in Tableau
• Proven communication and leadership skills
Pay Information
GeoZone Definition: GeoZones are geographic groupings created by Lockheed Martin to align compensation ranges with regional labor markets and cost-of-labor differences across the United States. Locations are assigned a Geo Zone based on the primary work location of the role.
Full-time salary range (GEOZONE 1): $74900.00 - $139100.00 Includes metropolitan areas such as Sunnyvale CA; Pal Alto, CA; New York City metropolitan area; Newark, New Jersey; etc.
Full-time salary range (GEOZONE 2): $67400.00 - $125200.00 Includes metropolitan areas such as Denver, CO; King of Prussia, PA; Stratford, CT; Moorestown, NJ; etc.
Full-time salary range (GEOZONE 3): $59900.00 - $111300.00Includes metropolitan areas such as Dallas–Fort Worth, TX; Orlando, FL; Grand Prairie, TX; Marietta, GA; etc.
Full-time salary range (GEOZONE 4): $53900.00 - $100100.00Includes metropolitan areas such as Camden, AR; Lexington, KY; Lufkin, TX; etc.
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.
The salary range for this position is as listed on the requisition. Please note that the salary information listed 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(work location) and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 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.
For (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.
Originally posted on Himalayas
Who can apply
Eligible countries: United States. Accepted UTC offsets: UTC-10, UTC-9, UTC-8, UTC-7, UTC-6, UTC-5, UTC+14. Review the full description for employer-specific work authorization, residency and schedule requirements.