Affordability Cost Modeler

Raytheon; Tucson (AZ); Hybrid; USD 118,000 - 225,000; Full time

Benefits offered by this job

Relocation assistance

Job summary

Raytheon, a leading U.S. aerospace and defense company, seeks an Affordability Cost Modeler in Tucson, AZ.

You will influence engineering, production, and sustainment decisions through advanced cost modeling, collaborating across engineering, operations, supply chain, and finance to enable cost-informed choices across program phases. You will develop and execute complex models, perform scenario analyses, and generate reports and visuals for program reviews.

Qualifications

• Bachelor’s degree and at least 8 years of cost modeling experience.
• Experience in developing and executing complex cost or engineering models.
• Experience with cost modeling methodologies, including parametric, engineering-based, and activity-based.
• Experience interpreting baselines, system architectures, manufacturing flows, and sustainment concepts.
• Proficiency in Excel and modeling automation or data processing tools.

Responsibilities

• Develop and execute advanced cost models to support affordability efforts.
• Lead cost evaluations of architectures, manufacturing approaches, supplier strategies.
• Perform sensitivity analyses, parametric modeling, and scenario assessments.
• Interpret baselines, BOMs, and manufacturing readiness levels for model assumptions.
• Generate affordability reports and lifecycle cost visualizations for reviews.
• Collaborate with cross-functional teams to ensure data accuracy across phases.
• Support estimating, proposal development, and affordability inputs for milestones.
• Identify and quantify cost reduction opportunities, risks, and trade-offs.

Skills

Cost modeling

Engineering models

Cost analysis

Data processing

Education

Bachelor's degree

Tools

Microsoft Excel

Modeling automation tools

Job description

Date Posted:

2026-10-12

Country:

United States of America

Location:

US-AZ-TUCSON-800 ~ 1151 E Hermans Rd ~ BLDG 800

Position Role Type:

Hybrid

U.S. Citizen, U.S. Person, or Immigration Status Requirements:

The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance

Security Clearance Type:

DoD Clearance: Top Secret

Security Clearance Status:

Active and existing security clearance required after day 1

At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.

Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.

What You Will Do

Affordability is central to delivering mission-effective systems at optimal lifecycle costs. As an Affordability Cost Modeler, you will play a critical role in influencing engineering, production, and sustainment decisions through advanced cost modeling techniques. You will collaborate across engineering, operations, supply chain, and finance teams to ensure cost-informed decision-making throughout program phases.

Key Responsibilities Include:

• Develop and execute advanced cost models using engineering, supply chain, and manufacturing data to support affordability activities, including Design-to-Cost (DTC) and Cost-as-an-Independent-Variable (CAIV)
• Lead cost evaluations of alternative system architectures, manufacturing approaches, supplier strategies, and sustainment concepts
• Perform sensitivity analyses, parametric modeling, and scenario-based assessments to quantify cost impacts and support trade studies
• Interpret technical baselines, system architectures, BOM structures, and manufacturing readiness levels to inform cost model assumptions
• Generate high-quality affordability reports, cost-driver summaries, and lifecycle cost visualizations for program reviews and customer briefings
• Collaborate with cross-functional teams to integrate accurate data and ensure modeling consistency across program phases
• Contribute to estimating, proposal development, and affordability inputs for major program milestones and bid reviews
• Support identification and quantification of cost reduction opportunities, risks, and trade-offs

Qualifications You Must Have

• Typically requires a bachelor’s degree and a minimum of 8 years of relevant cost modeling experience
• Experience in developing and executing complex cost or engineering models
• Experience with cost modeling methodologies, including parametric, engineering-based, and activity-based approaches
• Experience interpreting technical baselines, system architectures, manufacturing flows, and sustainment concepts
• Proficiency in Microsoft Excel and experience with modeling automation or data processing tools

Qualifications We Prefer

• Experience with cost estimation tools, statistical analysis packages, or engineering modeling environments
• Familiarity with system architecture trades, performance/cost trade-offs, or digital engineering workflows
• Knowledge of manufacturing processes, supply chain cost drivers, or operations optimization
• Understanding of sustainment modeling, reliability analysis, or operations and support (O&S) cost estimation concepts

What We Offer

• Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.
• This position is eligible for relocation assistance.

This position is classified as:

Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.

As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

The salary range for this role is 118,300 USD - 224,900 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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