Principal Specialist, Project Management (Risk and Opportunity Manager)

Choosecolumbusga; Andover (MA); On-site; USD 87,000 - 165,000; Full time

Benefits offered by this job

Not Relocation Eligible

Job summary

RTX, the leading aerospace and defense company, seeks a Principal Specialist, Project Management (Risk & Opportunity Manager) in Andover, MA. You will lead risk and opportunity across programs, drive PM plans, and ensure effective communication with cross-functional teams to deliver predictable results.

Responsibilities include R&O reporting, complex data analysis, and collaboration with PIs and IPTLs. Travel up to 10% may be required; DoD secret clearance is a prerequisite, with U.S.

Qualifications

• Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience.
• Experience with program risk and opportunity (R&O) management process.
• Experience with project management fundamentals, including managing cost, schedule, and performance metrics across programmatic and technical workflows.
• Experience with program management tools such as EVMS, EACs, and/or IMP/IMS.
• The ability to obtain and maintain a government US Secret security clearance. U.S. citizenship is required as only U.S. citizens are eligible for a security clearance.

Responsibilities

• Leadership and management of all program risk and opportunity across multiple life cycle phases including Production and Sustainment.
• Execution of Risk & Opportunity reporting and analysis.
• Perform meaningful analysis and effective communication to drive predictable results.
• Regular interface with internal partners across the Raytheon business.
• Engage in cross-functional partnerships within a team of matrixed program managers, Program Integrators (PIs), and Integrated product Team Leads (IPTLs).
• Ability to travel (international and domestic) for customer, company, and program related activities (approx. 10% of role).

Skills

R&O management

PM fundamentals

EVMS

EACs

IMP/IMS

Security clearance process

PMP or PM Level 6

Education

University Degree or Advanced Degree in related field

Tools

PMX Tool Suite

Job description

Principal Specialist, Project Management (Risk and Opportunity Manager)

Date Posted: 2026-08-24

Country: United States of America

Location: US-MA-ANDOVER-AN0 ~ 366 Lowell St ~ BLDG AN0

Position Role Type: Onsite

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: 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.

Land and Air Defense Systems (LADS) is seeking a Risk & Opportunity Project Manager to join their Product Support team. In this position, you will be responsible for supporting programs within the Product Support portfolio of programs, including programs within Global Patriot. This position will be responsible for supporting program management (PM) to include direct engagement with the program team in program execution; advocating PM plans, processes, and business objectives; and the implementation of PM best practices. Please note that this role will be ONSITE, located in Andover, MASS.

What You Will Do

• Leadership and management of all program risk and opportunity (R&O) across multiple life cycle phase including Production and Sustainment
• Execution of Risk & Opportunity (R&O) reporting and analysis
• Perform meaningful analysis and effective communication to drive predictable results.
• Regular interface with internal partners across the Raytheon business
• Engage in cross-functional partnerships within a team of matrixed program managers, Program Integrators (PIs), and Integrated product Team Leads (IPTLs)
• Ability to travel (international and domestic) for customer, company, and program related activities (approx. 10% of role)

Qualifications You Must Have

• Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
• Experience with program risk and opportunity (R&O) management process
• Experience with project management fundamentals, including managing cost, schedule, and performance metrics across programmatic and technical workflows
• Experience with program management tools such as Earned Value Management Systems (EVMS), Estimate at Completes (EACs), and/or Integrated Master Plan or Schedule (IMP/IMS)
• The ability to obtain and maintain a government US Secret security clearance. U.S. citizenship is required as only U.S. citizens are eligible for a security clearance.

What You Will Learn

• Raytheon and RTX Business Acumen
• SBU & SSBU organizational structure, responsibilities amongst the programs and the functional areas, and deliverables

Qualifications We Prefer

• Experience with program risk and opportunity (R&O) process to include program revenue and profit recognition to minimize risk to the organization
• Experience with Production and Sustainment programs and strategies with FMS and DCS Contracts
• Experience developing and reviewing basis of estimates
• Raytheon EVMS Certification
• Demonstrated knowledge and proficiency with program processes, financial planning and execution, EACs, EVM, and key metrics (Bookings, Sales, Earnings & Cash).
• Prior Defense Industry experience supporting the product life cycle.
• PMP or Raytheon Program Manager 6 Certification or higher with ability to obtain PM Level 6 within 12 months
• Experience with Program Management (PMX) Tool Suite
• Proven experience with geographically and multidisciplined teams
• Display strong communication, influence management, and presentation skills, and comfortably interacts with both internal and external stakeholders at all levels of leadership.
• Ability to operate independently to navigate organizational complexities and to obtain resources to move initiatives forward
• Strong skills in Microsoft Office suite of programs to include Microsoft Excel (i.e. pivot tables, advanced formulas), Project, Word, PowerPoint, and Outlook

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.
• Not Relocation Eligible –No Relocation assistance available

Location available - ANDOVER, MASS

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.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.