Senior Buyer

Lockheed Martin Corporation; Lexington (KY); On-site; USD 65,000 - 121,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Flexible work arrangements (e.g., 4x10

401(k) match

Paid time off

Holidays

Parental Leave

EAP

Flexible Spending Accounts

Education Assistance

Life Insurance

Short-Term Disability

Long-Term Disability

Incentive programs

Job summary

Lockheed Martin is seeking an experienced procurement professional to source, negotiate, and manage suppliers for high‑complexity aerospace/defense programs. You will analyze data to set price objectives and monitor supplier performance, while ensuring compliance with FAR/DFAR and ethical procurement practices.

The role requires a track record in strategic supplier management, cross‑functional leadership, and the ability to secure best‑value agreements within schedule constraints.

Qualifications

• ≥3 years subcontract or procurement experience on high‑complexity aerospace/defense programs; ≥2 years leading cross‑functional teams.
• Analytical ability: cost/technical proposal analysis and bid package preparation.
• Strong written and oral communication; able to draft precise specifications and contract terms.
• Knowledge of FAR/DFAR, aerospace/defense regulations and ethical procurement practices.
• Active U.S. Government Secret (or higher) clearance.
• Manage multiple strategic, critical and tactical supplier relationships to meet schedules and costs.
• Excellent communication to manage stakeholder expectations at various levels.
• Identify and mitigate risks with effective mitigation strategies.
• Demonstrate continuous improvement in procurement procedures and processes.
• Independent problem solving under general direction.

Responsibilities

• Sources, negotiates and purchases machinery, equipment, tools, raw materials, packaging materials, parts, services, and supplies necessary for operation.
• Compiles and analyzes data to determine feasibility of buying products and establish price objectives.
• Monitors supplier performance and analyzes price trends and manufacturing processes.
• Negotiates with suppliers and analyzes supplier operations to determine price factors and lowest cost with quality and reliability.
• Reviews proposals, negotiates prices, selects or recommends suppliers, and maintains records.
• Prepares request for proposals (RFP) and bid packages.

Skills

Subcontract management

Procurement

Data analysis

Supplier negotiation

Cross-functional leadership

Cost/price analysis

FAR/DFAR knowledge

Risk mitigation

Education

Bachelor’s degree in Business/Supply‑Chain Management

Tools

RFP preparation tools

Job description

Standard Job Description

Sources, negotiates and purchases machinery, equipment, tools, raw material, packaging materials, parts, services, and/or supplies necessary for operation of an organization. Compiles and analyzes statistical data to determine feasibility of buying products and to establish price objectives. Monitors performance of suppliers. Compiles information to keep informed on price trends and manufacturing processes. Evaluates areas of opportunity to leverage material acquisitions. Tracks data to keep informed on price trends and manufacturing processes. Negotiates with suppliers and analyzes suppliers' operations to determine factors that affect prices and to determine lowest cost consistent with quality, reliability, and ability to meet required schedules. Reviews proposals, negotiates prices, selects or recommends suppliers, analyzes trends, follows up orders placed, verifies delivery, approves payment, and maintains necessary records. May prepare request for proposals (RFP) and bid packages.

Basic Qualifications

• Relevant Experience: ≥3years of subcontract or procurement experience on high‑complexity, high‑risk aerospace/defense programs; ≥2years leading cross‑functional teams.
• Analytical Ability: Skill in preparing bid packages, defining evaluation criteria, and conducting cost/technical proposal analysis.
• Communication: Strong written and oral communication; able to draft precise specifications, work statements, and contract terms.
• Compliance/ Ethics: Knowledge of FAR/DFAR, aerospace/defense regulations, and a track record of ethical procurement practices.
• Security Clearance: Active U.S. Government Secret (or higher) clearance.
• Ability to successfully manage multiple Strategic, Critical and Tactical supplier relationships to overcome complex schedule and cost challenges.
• Excellent communication skills with the ability to effectively manage stakeholder expectations at a variety of levels.
• Capable of identifying and mitigating risks by implementing effective mitigation strategies.
• Excellent commercial skills with the ability to analyse and negotiate best-value agreements.
• Proven track record of adhering to procurement procedures and processes, ensuring compliance, accuracy, and timely execution of all procurement activities
• Able to complete work under general direction, independently determining and developing approaches to solutions.
• Be an advocate of and has demonstrated the ability to deliver continuous improvement.

Desired Skills

• Bachelor’s degree in Business, Supply‑Chain Management, or a closely related discipline
• Supply chain experience in the defence environment.
• Experience leading or supporting Bids and proposals.
• Experience negotiating Terms and Conditions.
• Experience negotiatoing pricing and cost elements.

Pay Information

Full-Time Salary Range: $65200.00 - $121200.00

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
• 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.