Senior Principal Should Cost Engineer (Remote)

RTX (Raytheon); United States; Remote; USD 132,000 - 252,000; Full time

Job summary

RTX is seeking an experienced cost modeling lead for a remote role in the United States. You will drive cost modeling and benchmarking for complex assemblies and parts, using aPriori and in-house models to generate costed elements.

The ideal candidate holds a STEM degree with 10+ years of experience or an advanced degree with 7+ years (or 14+ years without a degree). You will support negotiations, train users, and travel minimally.

Qualifications

• Degree in Science, Technology, Engineering or Mathematics (STEM) with 10+ years of relevant experience, or an Advanced Degree with 7+ years.
• Experience with should-cost tools and cost modeling.
• Experience interpreting engineering drawings and GD&T.

Responsibilities

• Lead cost modeling and benchmarking for complex assemblies and parts.
• Utilize aPriori and internal regression models to support should-cost analyses.
• Translate drawings/models into costed elements (material, labor, OH, tooling, logistics).
• Develop cost rollups and drivers to support negotiations.
• Train users and contribute to standard work.

Skills

GD&T reading and interpretation

Costing experience

Should-cost tools

Education

STEM degree with 10+ years experience

Advanced degree with 7+ years experience

Tools

VB

SQL

Python

Job description

Date Posted: 2026-10-15

Country: United States of America

Location: US-NY-REMOTE

Position Role Type: Remote

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. Join us and help shape the future of aerospace and defense.

What You Will Do

• This role will lead cost modeling and benchmarking activities spanning complex assemblies, parts.
• This role will utilize aPriori significantly as well as home grown regression models and still to be developed models.
• Should costing and should cost modeling for all commodities including standing up a supplier designed equipment, electronics, composite and other more difficult should costing commodities.
• Should costing components and assemblies, translating engineering drawings and models into costed elements (material, labor, OH, tooling, logistics).
• Develop and maintain cost roll ups and drivers at appropriate levels of granularity to support negotiations.
• Create assumptions and cost driver logic.
• Use historical data to create forward looking models when should costing software is not available.
• Validate and calibrate models at appropriate intervals.
• Train new users of software or models and help/contribute to upgrading standard work.
• Conduction should cost assessments on parts with software called aPriori.
• Potential travel with Supply Chain managers occasionally, however, minimal.

Qualifications You Must Have

• Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) and minimum 10 years prior relevant experience or an Advanced Degree in a related field and minimum 7 years of experience or in absence of a degree, 14 years of relevant experience.
• Experience with Geometric Dimensioning and Tolerancing for engineering drawings reading and interpretation.
• Costing or design to cost experience.
• Experience with should cost tools.

Qualifications We Prefer

• Programming experience (VB, SQL, Python).
• Experience in aerospace/defense procurement or engineering.
• Experience with big data sets or data analytics.

What We Offer

Whether you're just starting out on your career journey or are an experienced professional, we offer a robust total rewards package with compensation; healthcare, wellness, retirement and work/life benefits; career development and recognition programs. Some of the benefits we offer include parental (including paternal) leave, flexible work schedules, achievement awards, educational assistance and child/adult backup care.

Role Type

Remote: Employees who are working in Remote roles will work primarily offsite (from home). If you live within a reasonable commute of an RTX site with other colleagues you interact with, your manager will discuss whether there is a degree of onsite presence associated with this role.

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.

Compensation & Benefits

The salary range for this role is 132,400 USD - 251,600 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 shor