2027 Engineering Economics & Decision Analysis Engineer

aero; United States; Hybrid; USD 55,000 - 85,000; Full time

Job summary

The Aerospace Corporation is seeking an Entry-level Engineering Economics & Decision Analysis Engineer to join a diverse, innovative team. The role sits in a department that supports cost, schedule, and economic analyses for national security and civil programs.

The position is full-time with a hybrid work model at El Segundo, CA or Chantilly, VA, requiring a willingness to travel up to 10% and the ability to obtain a TS/SCI clearance. Training and mentorship are provided to develop expertise.

Qualifications

• Bachelor's degree in Engineering or related STEM field.
• 0–1 year relevant experience in Cost Engineering, Schedule Engineering, or Economic Analysis.
• Willingness to travel domestically up to 10%.
• Ability to obtain and maintain a TS/SCI clearance; U.S. citizenship is required.

Responsibilities

• Analyze technical, operational, cost, schedule, and acquisition data to identify trends and risks.
• Support life-cycle cost estimates, schedule assessments, economic analyses, and evaluations of government estimates.
• Assist with developing Integrated Master Schedules and Schedule Risk Assessments.

Skills

Data analysis

Communication

Team collaboration

Critical thinking

Project management

Education

STEM Bachelor's

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.