Principal Material Estimator

Raytheon; McKinney (TX); Hybrid; USD 87,000 - 165,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401(k) match

Paid time off

Job summary

Raytheon (RTX) is seeking a finance-focused professional to develop and analyze material proposals for contracts, coordinating with cross-functional teams to assess costs and program impact. You will leverage pricing tools and ensure compliance with FAR requirements in a collaborative environment.

The role requires 5+ years of relevant experience or an advanced degree with 3+ years, and U.S. citizenship. Hybrid work is available, with a strong emphasis on accuracy and timely delivery.

Qualifications

• Typically requires a bachelor’s degree in Accounting, Finance, Business Administration, or related field and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years’ experience.
• Experience with Microsoft Office products (ex. Word, PowerPoint, Excel)
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

Responsibilities

• Be responsible for the development, analysis and completion of material proposals.
• Work with other functions from across the company to understand and evaluate the material and other direct costs associated with proposed contracts and the associated program.
• Utilize company estimating and pricing programs and tools.
• Lead the development of Material Basis of Estimates to include tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring consistency across the program, and confirming the estimating approach is sound.
• Ensure proposals comply with all FAR and internal requirements.
• Assess, develop and implement solutions leading to a thorough material package.
• Perform detailed and complex analysis of inputs to ensure soundness in our material estimates.

Skills

Analytical skills

Team collaboration

Communication skills

Microsoft Office

Education

Bachelor's degree in Accounting, Finance, Business Administration

Advanced degree in related field

Job description

Location

US-TX-MCKINNEY-513WA ~ 2501 W University Dr ~ WING A BLDG

Date Posted

2026-08-18

Country

United States of America

Position Role Type

Hybrid

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

U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Security Clearance Type

None/Not Required

Security Clearance Status

Not Required

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

• Be responsible for the development, analysis and completion of material proposals
• Work with other functions from across the company to understand and evaluate the material and other direct costs associated with proposed contracts and the associated program
• Utilize company estimating and pricing programs and tools
• Lead the development of Material Basis of Estimates to include tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring consistency across the program, and confirming the estimating approach is sound
• Ensure proposals comply with all FAR and internal requirements
• Assess, develop and implement solutions leading to a thorough material package
• Perform detailed and complex analysis of inputs to ensure soundness in our material estimates

Qualifications You Must Have

• Typically requires a bachelor’s degree in Accounting, Finance, Business Administration, or related/applicable field and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years’ experience.
• Experience with Microsoft Office products (ex. Word, PowerPoint, Excel)
• U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.

Qualifications We Prefer

• Strong organization and analytical skills
• The ability to work well in teams, with peers and management
• Strong oral and written communication skills
• Demonstrated ability to consistently meeting deadlines in a schedule driven environment
• Knowledge and experience with proposal development, price buildup, and estimating and pricing processes.
• Knowledge of and/or experience with federal proposal regulations including but not limited to: FAR, DFAR, TINA

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.

Please consider the following role type definition as you apply for this role.

Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader. For onsite and hybrid roles, commuting to and from the assigned site is the employee's personal responsibility.

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 86,800 USD - 165,200 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.

• 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
• holidays
• 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.

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.