Affordability Risk Engineer

Prattwhitney; Tucson (AZ); On-site; USD 68,900 - 131,100; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) match

Flexible work schedules

Paid time off and holidays

Employee Scholar Program

Parental leave

Job summary

RTX is seeking a cost modeler in Tucson to develop and update cost models for development, production, and sustainment. You will populate inputs from engineering, operations, suppliers, and finance, and identify drivers that affect cost outcomes for DTC, CAIV, and LCC analyses.

The role requires U.S. citizenship and the ability to obtain a DoD Top Secret clearance. Strong data interpretation skills and experience with Python/R/MATLAB/Power BI are highly valued.

Qualifications

• STEM degree with at least 2 years of relevant experience.
• Experience in engineering, manufacturing, or supply-chain environments.
• Experience with cost modeling, economics, statistics, or data interpretation.

Responsibilities

• Support the development and execution of cost models for development, production, and sustainment forecasting.
• Populate cost model inputs using validated engineering, operations, supplier, and financial data.
• Identify key cost drivers and evaluate how technical or manufacturing decisions influence cost outcomes.
• Contribute to analyses for Design-to-Cost (DTC), Cost-as-an-Independent-Variable (CAIV), and lifecycle cost modeling (LCC/TOC).
• Apply basic statistical methods such as trend analysis, simple regression, and variance analysis to assess cost behavior.
• Perform sensitivity analyses related to quantity, production rate, design changes, and supplier variations.
• Maintain traceable data, assumptions logs, and documentation to support model credibility.
• Support Business Case Analyses (BCA’s) and evaluations of cost-reduction opportunity (CRO).
• Collaborate with Affordability Leads and senior Modelers to align cost modeling with program requirements and RLPM needs.
• Update cost models as new data becomes available to ensure accuracy and relevance.

Skills

Cost modeling

Statistics

Data interpretation

Python

Education

STEM degree

Tools

Python

R

MATLAB

Tableau

Power BI

Excel

Job description

Location

1151 E Hermans Rd BLDG 800, Tucson, AZ

Employment Type

Onsite

Citizenship and Security Clearance

U.S. citizenship is required. The ability to obtain and maintain a U.S. government issued security clearance is required. A DoD Top Secret clearance with an active and existing status after day 1 is required.

Salary

The salary range for this role is 68,900 USD - 131,100 USD.

What You Will Do

• Support the development and execution of cost models for development, production, and sustainment forecasting.
• Populate cost model inputs using validated engineering, operations, supplier, and financial data.
• Identify key cost drivers and evaluate how technical or manufacturing decisions influence cost outcomes.
• Contribute to analyses for Design-to-Cost (DTC), Cost-as-an-Independent-Variable (CAIV), and lifecycle cost modeling (LCC/TOC).
• Apply basic statistical methods such as trend analysis, simple regression, and variance analysis to assess cost behavior.
• Perform sensitivity analyses related to quantity, production rate, design changes, and supplier variations.
• Maintain traceable data, assumptions logs, and documentation to support model credibility.
• Support Business Case Analyses (BCA’s) and evaluations of cost-reduction opportunity (CRO).
• Collaborate with Affordability Leads and senior Modelers to align cost modeling with program requirements and RLPM needs.
• Update cost models as new data becomes available to ensure accuracy and relevance.

Qualifications – You Must Have

• Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) a minimum of 2 years prior relevant experience.
• Experience in engineering, manufacturing, and/or supply-chain environments or concepts.
• Experience with analysis in at least one of the following: cost modeling, economics, statistics, and/or quantitative data interpretation.

Qualifications – We Prefer

• Active and transferrable Top Secret security clearance.
• Degree or advanced degree in Mathematics, Data Analytics, Economics, Industrial Engineering, Operations Research, Business Analytics, or a related analytical field.
• Exposure to cost analysis, operations research, engineering economics, or related disciplines.
• Experience with data analysis tools such as Python, R, MATLAB, Tableau, or Power BI.
• Proficiency with Microsoft Excel (pivot tables, formulas, charts).
• Ability to communicate technical and cost concepts clearly to internal teammates.
• Strong organizational skills and attention to detail in documenting assumptions and processes.

What We Offer

• 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.

Application Details

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.

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.

Equal Opportunity Employer

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 Section503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

About RTX

RTX is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon. Its 195,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, Virginia.

Values

Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Safety, Trust, Respect, Accountability, Collaboration, and Innovation.