Financial Planning & Analysis Independent Cost Evaluation Intern, Summer 2027

Job Description

In this position, you will participate in BAE Systems' nationwide LEAP Internship & Co-op Program, where you will Learn, Engage, Apply, and Progress within the company. The LEAP Program will provide you with the opportunity to work alongside experienced professionals on impactful projects, engage in career development opportunities, and network with our business leaders and the other students in the program.

The intern will gain experience in the area responsible for providing Independent Cost Evaluation (ICE) in support of multiple business areas within BAE Systems. This role will work closely with proposal and program teams throughout the business. The intern will work with bid capture leads, ICE Analysts, technical leads, and management to ensure risk factors are understood and considered in our pricing strategies. This role will typically be performed 4 or 5 days per week in office.

The Finance Strategic Capabilities Unit delivers the expertise and business acumen to increase value across the enterprise by providing actionable information with recommendations and opportunities to drive sustainable business growth.

What Youll Do:

• Develop understanding of the proposal or program along with associated business case to determine potential issues.
• Assess estimate realism using data (historical performance, comparable programs, metrics, and expert input) and communicate implications clearly.
• Quantify uncertainty and risk by developing a range of outcomes (e.g., confidence intervals / scenarios) and translating cost drivers into leadership-ready insights.
• Support development and maintenance of cost metrics and estimating methods by leveraging historical cost, technical, and program data.
• Collaborate with other ICE team members to strengthen team capability, consistency, and knowledge retention.
• Contribute to continuous improvement of ICE processes, data quality, and reusable analytic assets.
• Maintain a regular and predictable work schedule.
• Establish and maintain effective working relationships within the department, the Strategic Business Units, Strategic Capabilities Units and the Company. Interact appropriately with others in order to maintain a positive and productive work environment.
• Perform other duties as necessary.

On-Site Work Environment: This position requires regular in-person engagement by working on-site five days each normally scheduled week in the primary work location. Travel and local commute between company campuses and other possible non-company locations may be required.

Working Conditions:

• Work is performed in an office environment, laboratory, cleanroom, or production floor.

Hourly Rate: $21.25 - $28.00

Required Education, Experience, & Skills

• Must have completed your sophomore or junior year and be enrolled in a degree program for the fall of 2027. We will also accept students enrolled in a graduate degree program.
• Degree must be from a university, college, or school which is accredited by an agency recognized by the US Secretary of Education, US Department of Education.
• Seeking a degree in Finance with minor/coursework in data analytics or a related field.
• Interested in gaining exposure (with goal of pursuing after graduation) in cost analysis, estimating, program finance, or a closely related analytical role.
• Solid analytical foundations (e.g., statistics, business analytics, modeling, or equivalent practical experience).
• Ability to evaluate assumptions, identify gaps, and construct defensible, independent conclusions under time constraints.
• Comfortable engaging cross-functionally (engineering, program management, capture/proposals) and constructively challenging inputs.
• Strong communication skills: can translate quantitative analysis into concise, executive-ready takeaways.
• Willingness to travel up to ~10%.

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Pay Information
Full-Time Salary Range: $44724 - $60326

Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.

Temporary employees generally are not eligible for BAE Systems benefits, but can elect to participate in the 401(k) savings plan. Temporary employees working 20+ hours per week are eligible for medical benefits, the employee assistance program, and business travel accident insurance.

About BAE Systems, Inc.
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but its what we do at BAE Systems. Working here means using your passion and ingenuity where it counts defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a teammaking a big impact on a global scale. At BAE Systems, youll find a rewarding career that truly makes a difference.

Headquartered in Boulder, Colorado, Space & Mission Systems is a leading provider of national defense and civil space applications, advanced remote sensing, scientific and tactical systems for government and commercial customers. We continually pioneer ways to innovate spacecraft, mission payloads, optical systems, and other defense and civil capabilities. Powered by endlessly curious people with an unwavering mission focus, we continually discover ways to enable our customers to perform beyond expectation and protect what matters most.

This position will be posted for at least 5 calendar days. The posting will remain active until the position is filled, or a qualified pool of candidates is identified.

Multiple positions may be available on this opening.