Standard Job Description
You will be the Price Cost Analyst for the Pricing and Cost Analysis Team. Our team is responsible for developing and executing price and cost strategies to support program success.
What You Will Be Doing
As the Price Cost Analyst you will be responsible for leading supplier capture strategy, performing price/cost analysis, evaluating proposals, and driving negotiations to meet profit and affordability goals.
Your responsibilities will include, but are not limited to:
- Develop supplier capture strategies aligned with long‑range objectives.
- Perform and document price/cost analysis for proposals across development, production, and sustainment.
- Analyze supplier cost estimates for reasonableness, focusing on material, labor, and tooling.
- Develop negotiation strategies and conduct supplier and prime negotiations.
- Travel domestically and internationally (20‑25%) to support program engagements.
Why Join Us
The ideal candidate is analytical, collaborative, and driven to influence program outcomes through rigorous cost insight. This role offers high‑impact visibility, diverse stakeholder interaction, and the chance to shape pricing strategies for major systems.
We are committed to supporting your work‑life balance and overall well‑being, offering flexible scheduling options. Learn more about Lockheed Martin’s comprehensive benefits package here.
Further Information About This Opportunity
This position is in Dallas. Discover more about our Dallas, Texas location. or This position is in Orlando. Discover more about our Orlando, Florida location.
MUST BE A U.S. CITIZEN - This position is located at a facility that requires special access.
Basic Qualifications
- Bachelor's or Master's from an accredited college or university in Supply Chain, Accounting, Finance, or other business related discipline
- Experience in 2 or more of the following fields: Negotiations / Supply Chain / Procurement / Statistics / Mathematics / Engineering / Accounting / Financial Analysis / Price Analysis / Cost Analysis
- This position requires travel, on average 20-25% domestically and internationally
- Must be a US Citizen, and have the ability to obtain a Secret Clearance
Desired Skills
- Experience operating in a fast paced environment
- Advanced in Microsoft Excel
- Experience in auditing supplier financial documents and records including trial balances and general ledger.
- Experience with government contracts, Federal Acquisition Regulation (FAR) requirements, and Cost Accounting Standards (CAS)
- Experience in negotiating FAR 15 TINA proposals
- 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
Pay Information
Full-Time Salary Range: $59900.00 - $111300.00
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.
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.