Cost Engineer/Data Scientist

Description: The Predictive Analytics and Cost Engineering (PACE) team is a data science team that combines technical engineering attributes and financial information to create data-driven cost estimates for program capture and support. The PACE team collects, normalizes and maps data to a standard work breakdown structure (WBS) to perform data analytics for internal and external customer support and deliverables. As part of the Finance and Business Operations (F&BO) organization, this team also works closely with Engineering and Technology (E&T), Strategy and Business Development (S&BD), Program/Proposal Management and Leads, Executive leadership and external customers.

In particular, this position would be in support of significant programs/capture efforts across the lines of business (LOB). This may also involve proposal and/or data analytics and cost estimating tool development or enhancements.

The role may include working on affordability analysis, life cycle cost developments, cost data analytics, forecasting cost and schedule, data collection and normalization, and design to cost. The candidate selected will be asked to analyze multiple data sets to build engineering models, synthesize results, perform decision analysis, and communicate findings with engineering colleagues and internal decision makers.

Responsibilities
In this position, you will:
• Coordinate with Engineering, Business Development, Program Finance, Estimating, Proposal Management, and ICE around cost estimates.
• Be comfortable leading development of AI/ML tools collaborating with the above organizations
• Present briefings to colleagues, senior staff, and executives.
• Develop data-driven cost estimates for proposal efforts that are parametrically derived.
• Normalize cost and technical data.
• Become knowledgeable and responsible to answer questions around cost estimates and cost drivers.
Basic Qualifications:
- Bachelor's or Master's degree in Math, Operations Research, Engineering, Finance, or any other field or equivalent years of related experience in lieu of degree will also be considered
- Strong communication and interpersonal skills
- Exceptional critical thinking and problem-solving abilities
- Detail-oriented with ability to multitask, prioritize and balance multiple tasks at once
- Comfortable navigating technical or cost data with the intent of understanding the relationship between them when working a task and/or presenting results
- High degree of accountability and responsibility with the ability to be a self-starter
- Experience with and understanding of one or more of the following: cost model development, data collection and normalization, data science and analytics, systems engineering/architecture, spacecraft engineering fields, and/or finance or anything else
Desired Skills:
• Clearance at TS/SCI or DoD TS desired
• Master's degree in Math, Operations Research, Engineering, Finance, or related field or equivalent years of experience
• Experience with Python, Visual Basic for Applications (VBA), MS SQL, and/or Tableau
• Experience working with cost models, predictive analytics, or decision analysis
• Knowledge of financial systems, analysis, statistics, etc.
• Experience working within the space systems industry
• Knowledge of data management systems and/or data science
• Ability to communicate technically oriented material to broader team
• Familiarity with proposal development and/or the government acquisition process
• Strong team collaboration and leadership skills
• 5+ years of related experience
Clearance Level: None
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: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
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: 9x80 every other Friday off
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 $128,200 - $225,975. 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.
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $147,400 - $255,530. 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.
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: SPACE
Relocation Available: No
Career Area: Data Science
Type: Full-Time
Shift: First