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Material Cost Estimator

Lockheed Martin
Stratford, CT Other
POSTED ON 1/5/2023 CLOSED ON 1/27/2023

What are the responsibilities and job description for the Material Cost Estimator position at Lockheed Martin?


Description:Compiles material cost in accordance with request for proposal (RFP) specifications using supplier quotes, price agreements, price history, estimates and applies appropriate analysis techniques to adjust for quantity and timeframe differences. Researches and analyzes historical data, develops cost models to support proposal efforts. Participates as a member of the proposal capture team.

The position requires interface with all functional groups (Operations, Program Management, Engineering, Finance and Sourcing) to fully understand ground rules as well as participate in management reviews, customer fact-finding, and government audits to support the basis of estimates.

Candidate must be knowledgeable on bills of materials, indentured parts lists, material costing, sloping and escalating, and the DoD sourcing environment.

Candidate must be largely self-sufficient in daily responsibilities and comfortable to work with multiple deadlines and changing needs while communicating professionally to leadership.
Basic Qualifications:
Bachelors degree from an accredited college in a related discipline, or equivalent experience/combined education, with 1 year of professional experience; or a related Masters degree. Considered experienced, but still a learner.
Desired Skills:
Bachelor's Degree
SAP experience 
Sourcing, Finance or Operations knowledge/background are desired. 
Knowledge of RMS estimating and pricing policies as well as the Federal Acquisition Regulation (FAR).

Salary : $56,500 - $108,300

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