2027 Engineering Economics & Decision Analysis Engineer

The Aerospace Corporation; El Segundo (CA); Hybrid; USD 80,000 - 90,000; Full time

Benefits offered by this job

Health care

401(k) plan

Relocation assistance

Telework options

Education assistance

Job summary

The Aerospace Corporation, El Segundo, CA, is seeking an Entry‑level Engineering Economics & Decision Analysis Engineer to support cost, schedule, and economic analyses within the EEMS Department. The role involves life‑cycle cost estimates, schedule assessments, and decision analysis to aid mission‑critical programs.

This full‑time, hybrid position offers 4 onsite days with remote flexibility. A bachelor’s degree in a related STEM field and 0–1 year of relevant experience are required, along

Qualifications

• Bachelor’s degree in Engineering (Aerospace, Systems, Industrial), Operations Research, Mathematics (Applied, Statistics), or related STEM field.
• 0-1 year relevant experience in Cost Engineering, Schedule Engineering, or Economic Analysis within Aerospace/Defense.
• Understanding of cost, schedule, and project management methodologies and frameworks.
• Familiarity with aerospace or systems engineering principles.
• Willingness to travel domestically up to 10%.
• Ability to obtain and maintain TS/SCI clearance; U.S. citizenship required.

Responsibilities

• Analyze technical, operational, cost, schedule, and acquisition data to identify trends, risks, dependencies, and performance drivers.
• Support life‑cycle cost estimates, schedule assessments, economic analyses, and evaluations of government and industry estimates.
• Assist with developing and evaluating Integrated Master Schedules and Schedule Risk Assessments; quantify program risks.

Education

Bachelor's degree in Engineering (Aerospace, Systems, Industrial), Operations Research, Mathematics (Applied, Statistics), or related STEM field

Tools

SEER

ACEIT

MS Project

Job description

The Aerospace Corporation is the trusted partner to the nation’s space programs, solving the hardest problems and providing unmatched technical expertise. As the operator of a federally funded research and development center (FFRDC), we are broadly engaged across all aspects of space— delivering innovative solutions that span satellite, launch, ground, and cyber systems for defense, civil and commercial customers. When you join our team, you’ll be part of a special collection of problem solvers, thought leaders, and innovators. Join us and take your place in space. The Systems Engineering Division (SED) offers unparalleled expertise in systems engineering to the U.S. government and various public and private agencies, universities, nonprofit organizations, consortia, and commercial companies involved in the advanced development and application of space systems. From systems CONOPs and architecture development to system design and analysis, mission assurance, cost and schedule assessment, and economic market analysis, SED leverages a vast array of engineering and business disciplines across a diverse and dynamic portfolio of space programs and national challenges spanning the total space system lifecycle. Aerospace’s Engineering Economic and Management Sciences (EEMS) Department is seeking an Entry‑level Engineering Economics & Decision Analysis Engineer to join a diverse, innovative, and highly productive team of cost, schedule, and operations research professionals. This growing, geographically distributed department supports a wide range of customers across the National Security, Civil and Commercial, and International Space Communities. EEMS leverages expertise in cost, schedule, and economic engineering, along with operations research and management science techniques, to enhance cost‑and schedule‑related decision‑making processes. The department also conducts integrated studies, technical deep dives, and comprehensive reviews that provide actionable insights and uncover risks and opportunities. These efforts enable decision‑makers to balance trade‑offs, optimize resource allocation, and develop robust solutions tailored to mission‑critical challenges. By synthesizing lessons learned from a variety of programs, EEMS continually refines engineering management practices in cost, schedule, and risk analysis to deliver impactful and enduring results.

Work Model:

This position is full‑time work at one of the following locations: El Segundo, CA or Chantilly, VA. We offer a hybrid work model that combines 4 regular onsite workdays and remote flexibility as the business needs allow.

What You’ll Be Doing

Analyze technical, operational, cost, schedule, and acquisition data to identify trends, risks, dependencies, and performance drivers. Support life‑cycle cost estimates, schedule assessments, economic analyses, and evaluations of government and industry estimates. Assist with developing and evaluating Integrated Master Schedules, conducting Schedule Risk Assessments, and identifying and quantifying program risks. Apply operations research methods, including modeling, simulation, optimization, and decision analysis, to evaluate mission, acquisition, and resource‑allocation challenges. Support acquisition research, analyses of alternatives, business case analyses, and trade studies involving space and ground systems. Collaborate with senior staff to develop analytical models, databases, findings, and decision‑ready recommendations for technical and program leadership. Document analysis and present technical, cost, and programmatic data/findings to peers and management. Training and mentorship will be provided.

What Corporate Skills You’ll Bring

Strong written and oral communication skills. Ability to work and communicate effectively in a fast‑paced, rapidly changing, multidisciplinary environment. Must work well in a team environment. Critical thinking skills to synthesize data from multiple sources and support sound decision‑making. Possess organizational, time management and project management skills.

What You Need to be Successful

Minimum Requirements:

• Bachelor’s degree in Engineering (Aerospace, Systems, Industrial), Operations Research, Mathematics (Applied, Statistics), or related STEM field.
• 0-1 year relevant experience in Cost Engineering, Schedule Engineering, or Economic Analysis within the Aerospace or Defense industries.
• Understanding of cost, schedule, and project management methodologies and frameworks.
• Familiarity with aerospace or systems engineering principles.
• Willingness to travel domestically up to 10%.
• Ability to obtain and maintain a TS/SCI clearance, which is issued by the U.S. Government.
• U.S. citizenship is required to obtain a security clearance.

How You Can Stand Out

• It would be impressive if you have one or more of these: Master’s or PhD in Engineering (Aerospace, Systems, Industrial), Operations Research, Mathematics (Applied, Statistics), or related STEM field.
• Proficiency in computer programming and modeling (e.g., Python, R, MATLAB).
• Familiarity with industry‑standard cost engineering tools (e.g. SEER, ACEIT), schedule engineering tools (e.g. MS Project); business analytics and data visualization tools (e.g. Tableau, Power BI); risk analysis tools (e.g., Crystal Ball, @RISK); and agile software development tools (e.g., JIRA).
• Knowledge of government cost and scheduling practices (e.g., DoD, NRO, NASA) and familiarity with Earned Value Management (EVM) standards.
• Active TS/SCI Clearance is a strong plus.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. The grade‑based pay range for this job is listed below. Individual salaries within that range are determined through a wide variety of factors including but not limited to education, experience, knowledge and skills. (Min - Max) $80,000.00 - $90,000.00 Pay Basis: Annual

Leadership Competencies Our leadership philosophy is simple: every employee, regardless of level and role, can demonstrate leadership. At Aerospace, our commitment is our people. To cultivate our talent and ensure that we have a strong pipeline of future leaders, we want individuals who: Operate Strategically Lead Change Engage with Impact Foster Innovation Deliver Results Ways We Reward Our Employees During your interview process, our team will provide details of our industry‑leading benefits.

Benefits

Benefits vary and are applicable based on Job Type. A few highlights include:

• Comprehensive health care and wellness plans
• Paid holidays, sick time, and vacation
• Standard and alternate work schedules, including telework options
• 401(k) Plan — Employees receive a total company‑paid benefit of 8%, 10%, or 12% of eligible compensation based on years of service and matching contributions; employees are immediately eligible and vested in the plan upon hire
• Flexible spending accounts
• Variable pay program for exceptional contributions
• Relocation assistance
• Professional growth and development programs to help advance your career
• Education assistance programs
• An inclusive work environment built on teamwork, flexibility, and respect

We are all unique, from various backgrounds and all walks of life, yet one thing bonds all of us to each other—the belief that we can make a difference. This core belief empowers us to do our best work at The Aerospace Corporation. Equal Opportunity Commitment The Aerospace Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, age, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender, gender identity or expression, color, religion, genetic information, marital status, ancestry, national origin, protected veteran status, physical disability, medical condition, mental disability, or disability status and any other characteristic protected by state or federal law. If you’re an individual with a disability or a disabled veteran who needs assistance using our online job search and application tools or need reasonable accommodation to complete the job application process, please contact us by phone at 310.336.5432 or by email at [e-mail] . You can also review Know Your Rights: Workplace Discrimination is Illegal.

Right Place

The Aerospace Corporation has over 26 locations nationwide, which allows us to build a workforce that will nurture the best ideas, and generate the most novel innovations and solutions to our nation’s toughest space enterprise challenges.

Right Path

Aerospace covers all stages of the space lifecycle, from concept to operations. We believe our people are our most valuable resource and that’s why we propel our employees forward in their careers through ongoing education, training, and professional development.

Right Purpose

We can all serve a mission much greater than ourselves, and at Aerospace that is exactly what we do. By hiring the industry’s most preeminent scientists and engineers, Aerospace advances emerging technologies that protect some of the most critical missions on Earth and above it.

Return to the Aerospace Careers site. Aerospace employees working in organizations with technical responsibilities are required to obtain a Security Clearance. U.S. citizenship is required for those positions.