Jobs
Benefits & Perks
•Healthcare
•401(k)
•Parental Leave
•Remote Work
•Flexible Hours
•Healthcare
•401k
•Parental Leave
•Remote Work
•Flexible Hours
Required Skills
Data analytics
Cost estimating
Financial analysis
Description: Centralized Material Estimating Analyst
- Level 1What 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
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Develop and validate detailed material cost estimates in support of proposals, negotiations, and program execution.
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Create clear, auditable Basis of Estimates (BOEs) that align technical inputs, historical data, and program assumptions.
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Collaborate with Engineering, Manufacturing, Supply Chain, Finance, and Program teams to gather requirements and ensure cost accuracy and consistency.
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Analyze material requirements, supplier data, and cost drivers to identify risks, trends, and opportunities for cost improvement.
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Ensure estimating activities comply with customer requirements, regulatory standards, and internal policies and procedures.
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Support reviews, audits, and management briefings by providing cost rationale and responding to data requests.
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Contribute to continuous-improvement initiatives by refining estimating processes, tools, and best practices.
What’s In It For You
From onsite to remote, we offer flexible work schedules to comprehensive benefits investing in your future and security, Learn more about Lockheed Martin’s comprehensive benefits package here.
Who You Are
You are an analytical and detail-oriented professional with a strong interest in cost estimating and financial analysis. You enjoy working with data, understanding technical requirements, and collaborating across disciplines to build accurate and credible cost estimates. You communicate clearly, are comfortable working in a structured environment, and take pride in producing high-quality, compliant work. Motivated to grow your expertise, you bring a continuous-improvement mindset and are eager to contribute to program success through sound estimating practices and strong teamwork.
Basic Qualifications:
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Bachelor’s degree in accounting/Finance, Business, or other related discipline
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Experience with data analytics and analysis
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, with Microsoft Excel and PowerPoint at an advanced or expert level • Experience in Tableau • Proven communication and leadership skills
Security Clearance Statement: This position requires a government security clearance, you must be a US Citizen for consideration.
Clearance Level: Secret
Other Important Information You Should Know Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Full-time Remote Telework: The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 4x10 hour day, 3 days off per week
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $57,100 - $99,015. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information 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 and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $49,700 - $87,515. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information 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 and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(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.
This position is incentive plan eligible.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.
With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.
If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Experienced Professional
Business Unit: AERONAUTICS COMPANY
Relocation Available: Possible
Career Area: Finance
Type: Full-Time
Shift: First
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About Lockheed Martin

Lockheed Martin
PublicYour mission is ours.
10,001+
Employees
North Bethesda
Headquarters
Reviews
3.9
33 reviews
Work Life Balance
4.0
Compensation
4.0
Culture
4.2
Career
3.9
Management
3.3
75%
Recommend to a Friend
Pros
Good work-life balance and flexible environment
Interesting projects and challenges
Competitive compensation and benefits
Cons
Some organizational bureaucracy
Room for improvement in processes
Internal communication could improve
Salary Ranges
6,751 data points
Junior/L3
Mid/L4
Senior/L5
Staff/L6
Junior/L3 · Data Scientist E1
0 reports
$83,068
total / year
Base
-
Stock
-
Bonus
-
$70,608
$95,528
Interview Experience
9 interviews
Difficulty
2.8
/ 5
Duration
14-28 weeks
Experience
Positive 11%
Neutral 78%
Negative 11%
Interview Process
1
Application Review
2
Recruiter Screen
3
Technical Interview
4
Behavioral Interview
5
Security Interview
6
Offer
Common Questions
Technical Knowledge
Behavioral/STAR
Past Experience
Security Clearance
Coding/Algorithm
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