Principal, Contracts

L3Harris Technologies, Inc.; Waco (TX); On-site; USD 140,000 - 190,000; Full time

Job summary

L3Harris Technologies, Inc. in Waco, TX is seeking a Principal, Contracts to drive strategic contracting outcomes across government and commercial programs.

You will guide contract strategy, mitigate risk, and ensure compliance with FAR/DFARS, export controls, and revenue recognition policies. The role requires senior leadership of the contracts team and close collaboration with customers and subcontractors.

Qualifications

• Bachelor’s Degree with 12 years of experience in Government and Commercial Contracting.
• Graduate Degree with 10 years of experience in Government and Commercial Contracting.
• In lieu of a degree, at least 16 years of Government and Commercial Contracting experience.

Responsibilities

• Provide contractual guidance and risk mitigation to influence business and financial outcomes.
• Manage full lifecycle of contracts from solicitations to execution.
• Maintain primary interface with customers and ensure alignment of expectations.
• Lead the contracts team with coaching, training, and staffing.
• Oversee shipping requirements, invoicing, and export licensing.
• Support negotiations with customers, subcontractors, and external organizations.
• Ensure compliance with revenue recognition policies and regulatory requirements.

Skills

Negotiation

Risk assessment

Contract management

Strategic guidance

MS Office proficiency

Education

Bachelor’s Degree

Graduate Degree

16+ years experience in Government/Commercial Contracting

Job description

L3Harris is dedicated to recruiting and developing high-performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers’ mission and quest for professional growth. L3Harris provides an inclusive, engaging environment designed to empower employees and promote work-life success. Fundamental to our culture is an unwavering focus on values, dedication to our communities, and commitment to excellence in everything we do.

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.

Job Title:

Principal, Contracts

Job Code:

46316

Job Location:

Waco, Tx

Job Schedule:

9/80: Employees work 9 out of every 14 days- totaling 80 hours worked- and have every other Friday off

Job Description:

We are seeking a strategic and results-driven Principal, Contracts, to drive successful business outcomes across both new and ongoing programs. This role is critical to achieving financial objectives such as orders, revenue recognition, operating income, and free cash flow. You will provide expert guidance on contractual strategy, risk mitigation, and compliance - ensuring the protection of company interests through deep understanding of contract terms, regulations, and industry trends. Leveraging your expertise in FAR, international contracting, and government procurement, you will ensure alignment with legal and regulatory requirements.

Essential Functions:

• Influence business and financial outcomes by providing contractual guidance and risk mitigation strategies. Ensure that contracts meet both financial and regulatory compliance requirements.
• Establish and enforce policies and procedures, ensuring the division operates within corporate guidelines and adheres to best practices.
• Drive continuous improvement in department processes to enhance efficiency and effectiveness in contract management.
• Manage the full lifecycle of contracts, from the development of solicitations to proposal submissions, change control processes, and contract execution.
• Maintain primary contractual interface with customers, ensuring clear communication and alignment of expectations
• Manage and execute the commercial elements of contracts, including the development of shipping requirements, invoicing, and export licensing
• Support negotiations with customers, subcontractors, and external organizations. Provide input on the commercial elements of RFPs during the bid and proposal stage.
• Ensure that contracts align with revenue recognition policies and meet financial risk requirements. Apply milestone criteria for specific contracts and programs.
• Manage and develop the contracts team, providing coaching, training, and manpower planning to ensure an efficient and well-trained staff.
• Oversee the execution of contracts and ensure proper documentation, including Letters of Credit, shipping requirements, and export licensing.
• Advise management on contractual rights, obligations, and legal issues, including effective use of resources and risk management.
• Support negotiations with key subcontractors and manage agreements with external organizations, ensuring proper oversight of enterprise assets.
• Other duties as assigned by Supervisor.

Qualifications:

• Bachelor’s Degree with 12 years of extensive experience in Government and Commercial Contracting, including negotiation and administration of complex, high-value agreements.
• Graduate Degree with 10 years of extensive experience in Government and Commercial Contracting, including negotiation and administration of complex, high-value agreements.
• In Lieu of a degree, a minimum of 16 years of extensive experience in Government and Commercial Contracting, including negotiation and administration of complex, high-value agreements.

Preferred Additional Skills:

• Prior experience supporting defense, aerospace, or high-tech industries.
• Expert knowledge of contractual terms and conditions.
• General knowledge of product definition and manufacturing processes.
• Knowledge of accounting and financial reporting and ERP functionality.
• Proficient working with Microsoft Office: Excel, Word, PowerPoint.
• Excellent interpretation, written and oral communication skills.
• Experience in Contract Management.
• Experience working with commercial contracts globally.
• Proven ability to lead, engage, and inspire high-performing operations teams.
• Demonstrated success in leading organizational growth, establishing strategies, and driving scalable process improvements.
• Expertise in developing and implementing team performance measures and metrics.
• Superior strategic, organizational, analytical, and abstract reasoning skills with exceptional attention to detail.
• Experience in creating and delivering executive-level reports and briefings.
• Detail-oriented and results-driven with a hand-on approach to issue resolution.
• Strong working knowledge of Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS).
• Proficient in contract lifecycle management, from proposal development through close-out.
• Skilled in risk assessment and mitigation related to contractual obligations and terms.
• Ability to draft, review, and negotiate NDAs, teaming agreements, and licensing agreements.
• Experience working with export control regulations including ITAR and EAR.

L3Harris Technologies is proud to be an Equal Opportunity Employer. L3Harris is committed to treating all employees and applicants for employment with respect and dignity and maintaining a workplace that is free from unlawful discrimination. All applicants will be considered for employment without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender (including pregnancy, childbirth, breastfeeding or other related medical conditions), gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, characteristic or membership in any other group protected by federal, state or local laws. L3Harris maintains a drug-free workplace and performs pre-employment substance abuse testing and background checks, where permitted by law.

Please be aware many of our positions require the ability to obtain a security clearance. Security clearances may only be granted to U.S. citizens. In addition, applicants who accept a conditional offer of employment may be subject to government security investigation(s) and must meet eligibility requirements for access to classified information.

By submitting your resume for this position, you understand and agree that L3Harris Technologies may share your resume, as well as any other related personal information or documentation you provide, with its subsidiaries and affiliated companies for the purpose of considering you for other available positions.

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