Product Manager (Defense & Aerospace), North Reading, MA)

Teradyne’s Defense and Aerospace Division ( leads in providing high-performance test solutions for defense and aerospace markets. Our products ensure the reliability of both military and commercial aerospace electronics. The growing demand for high-performance test systems is driven by new programs like tactical aircraft and missile systems, along with upgrade initiatives.

We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.

Our Purpose

TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day.

We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Opportunity Overview

Product Manager — Defense & Aerospace Business Unit (Hybrid)

Teradyne’s Defense & Aerospace Business Unit is seeking an experienced Product Manager to drive the success of our Automatic Test Equipment and Services business. In this role, you will own product strategy and lifecycle management while partnering cross-functionally to deliver solutions that meet customer needs and business objectives. You will translate market signals into clear roadmaps, enable go-to-market execution, and help ensure operational readiness across the product portfolio.

Key responsibilities include:

• Lead product strategy: Define and implement a comprehensive product strategy that supports both short- and long-term business success.

• Develop and drive lifecycle management: Lead product lines from new product introduction through end-of-life, including configuration, pricing, and production transitions.

• Analyze market trends: Identify global market trends, adjacent opportunities, and competitive positioning to inform go-to-market plans.

• Collaborate cross-functionally: Partner with Engineering, Manufacturing/Operations, Sales, and Support teams to align products with customer needs and market trends.

• Partner with customers and sales: Serve as a subject-matter expert in test applications, competitive alternatives, and customer requirements; support key opportunities and manage customer-facing activities such as proposals and pricing.

• Ensure forecasting and reporting: Manage the business forecast, synthesize market and business results, and support business reviews and inventory decisions.

• Build enablement and collateral: Create and maintain supporting materials including competitive differentiation, pricing strategy, and sales collateral.

• Sustain continuous improvement: Identify product management and marketing process improvements and enabling technologies to increase productivity and decision-making efficiency.

All About You

We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position.

• Minimum education or equivalent experience: Bachelor’s degree in Electrical Engineering or a related engineering discipline or equivalent experience.

• Minimum depth of experience: 5+ years of experience in product management, product marketing, or a related technical role.

• Primary experience needed for role: Product development, manufacturing integration, and customer support.

• Primary skill needed for role: Ability to influence cross-functional teams and drive outcomes without direct authority.

• Secondary skill needed for role: Strong analytical skills (forecasting, market analysis, business reporting).

• Additional skill needed for role: Excellent written and verbal communication; ability to present complex information clearly.

• Additional experience/skills needed for role: Willingness to travel up to 20% domestically and internationally.

• Preference for role #1: MBA or equivalent advanced management education.

• Preference for role #2: Prior experience in the Aerospace & Defense industry; familiarity with PLM platforms (e.g., Teamcenter), CRM systems (e.g., Salesforce), and analytics tools.

This position is not eligible for visa sponsorship.

Compensation:

The base salary range for this role is $139,400-$223,100. This range is a good faith estimate, and the amount of base salary will correspond with experience and skill set. This range can also fluctuate depending on demand and location.

Incentive Plan: This job is eligible for discretionary bonus(es) based on financial performance.

Benefits:

Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more. Please click here to see details.

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ITAR Restriction: All candidates for this ITAR restricted position must be one of the following: US Citizen or U.S. Permanent Resident, Asylee, Refugee or otherwise lawfully admitted under an amnesty program.

Current openings may involve access to export controlled technology and may be subject to export licensing requirements prior to employment. ATTENTION APPLICANTS WITH DISABILITIES: If you’re unable to access our on-line application due to a disability you may visit one of our locations or our Corporate Office at 600 Riverpark Drive, North Reading, MA and request a paper application form. In addition, you may also contact the HR Service Center at View phone number on click.appcast.io or contact them at View email address on click.appcast.io for additional assistance. LitePoint, a Teradyne Company is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.