Senior Principal Should Cost Engineer (Remote)

Pratt & Whitney; United States; Remote; USD 132,000 - 252,000; Full time

Benefits offered by this job

Healthcare and retirement benefits

Work-life balance programs

Parental leave

Job summary

RTX is seeking a Senior Principal Should Cost Engineer to design, build and operationalize a should-cost capability that delivers cost transparency to sourcing across components, assemblies and defense products. The role is remote in the United States.

You will lead cost modeling, use aPriori and regression models, train users, and support negotiations with suppliers, with travel minimal.

Qualifications

• Degree in Science, Technology, Engineering or Mathematics with 7–10+ years of relevant experience, or advanced degree with 7+ years.
• Experience with Geometric Dimensioning and Tolerancing (GD&T).
• Experience with should-cost tools and cost benchmarking.

Responsibilities

• Lead cost modeling and benchmarking across complex assemblies and parts.
• Develop and maintain cost rollups and drivers for supplier negotiations.
• Translate drawings and models into costed elements (material, labor, OH).
• Train users and contribute to standard work upgrades.
• Conduct should-cost assessments using aPriori.

Skills

Cost engineering

Cost modeling

Should-cost analysis

Data analysis

Education

Bachelor's or higher in STEM

Tools

aPriori

Regression modeling tools

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.

This Senior Principal Should Cost Engineer will be a part of team that will be designing, building and operationalizing a should cost capability that drives cost transparency to our sourcing team for supplier negotiations across multiple components, aircrafts and defense products and subsystems.

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

• Compensation; healthcare, wellness, retirement and work/life benefits
• Career development and recognition programs
• Parental (including paternal) leave
• Flexible work schedules
• Achievement awards
• Educational assistance
• Child/adult backup care

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 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.

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