Price Cost Analyst - E2

Lockheed Martin; Grand Prairie (TX); On-site; USD 60,000 - 111,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) match

Paid time off

Parental Leave

Flexible work arrangements

Job summary

Lockheed Martin in Dallas, Texas is seeking a Price Cost Analyst to lead supplier capture strategy, perform price/cost analysis, evaluate proposals, and drive negotiations to meet profit and affordability goals.

The role requires travel 20-25% domestically and internationally, a Bachelor's or Master's in a related field, and the ability to obtain a Secret Clearance. The position offers comprehensive benefits and opportunities to influence major programs.

Qualifications

• Bachelor's or Master's in Supply Chain, Accounting, Finance or related discipline.
• Experience in negotiations, supply chain, procurement, or cost analysis.
• Willingness to travel 20–25% domestically and internationally.

Responsibilities

• Lead supplier capture strategy aligned with objectives.
• Perform and document price/cost analysis for proposals.
• Analyze supplier cost estimates for material, labor, and tooling.
• Develop negotiation strategies and conduct negotiations.
• Travel 20–25% domestically and internationally.

Skills

Analytical thinking

Communication skills

Negotiation

Problem solving

Education

Bachelor's or Master's in Supply Chain, Accounting, Finance or related field

Tools

Microsoft Excel

Job description

Standard Job Description

You will be the

Standard Job Description

You will be the Price Cost Analyst for the Pricing and Cost Analysis Team. Our team is responsible for developing and executing price and cost strategies to support program success.

What You Will Be Doing

As the Price Cost Analyst you will be responsible for leading supplier capture strategy, performing price/cost analysis, evaluating proposals, and driving negotiations to meet profit and affordability goals.

Your Responsibilities Will Include, But Are Not Limited To

• Develop supplier capture strategies aligned with long‑range objectives.
• Perform and document price/cost analysis for proposals across development, production, and sustainment.
• Analyze supplier cost estimates for reasonableness, focusing on material, labor, and tooling.
• Develop negotiation strategies and conduct supplier and prime negotiations.
• Travel domestically and internationally (20‑25%) to support program engagements.

Why Join Us

The ideal candidate is analytical, collaborative, and driven to influence program outcomes through rigorous cost insight. This role offers high‑impact visibility, diverse stakeholder interaction, and the chance to shape pricing strategies for major systems.

We are committed to supporting your work‑life balance and overall well‑being, offering flexible scheduling options. Learn more about Lockheed Martin’s comprehensive benefits package here.

Further Information About This Opportunity

This position is in Dallas. Discover more about our Dallas, Texas location. or This position is in Orlando. Discover more about our Orlando, Florida location.

MUST BE A U.S. CITIZEN - This position is located at a facility that requires special access.

Basic Qualifications

• Bachelor's or Master's from an accredited college or university in Supply Chain, Accounting, Finance, or other business related discipline
• Experience in 2 or more of the following fields: Negotiations / Supply Chain / Procurement / Statistics / Mathematics / Engineering / Accounting / Financial Analysis / Price Analysis / Cost Analysis
• This position requires travel, on average 20-25% domestically and internationally
• Must be a US Citizen, and have the ability to obtain a Secret Clearance

Desired Skills

• Experience operating in a fast paced environment
• Advanced in Microsoft Excel
• Experience in auditing supplier financial documents and records including trial balances and general ledger.
• Experience with government contracts, Federal Acquisition Regulation (FAR) requirements, and Cost Accounting Standards (CAS)
• Experience in negotiating FAR 15 TINA proposals
• Experience in Cost Analysis and evaluation techniques used in assessing supplier proposals
• Experience communicating departmental and program messages to both Lockheed Martin personnel, as well as the customer

Pay Information

Full-Time Salary Range: $59900.00 - $111300.00

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well‑being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.

Benefits offered

Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.

• Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
• For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.