Product Manager (Defense & Aerospace, North Reading, MA)

Teradyne • North Reading, MA

2d • Hybrid

About The Position

Teradyne’s Defense and Aerospace Division leads in providing high-performance test solutions for defense and aerospace markets. Our products ensure the reliability of both military and commercial aerospace electronics. The growing demand for high-performance test systems is driven by new programs like tactical aircraft and missile systems, along with upgrade initiatives.

We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive. 
Our Purpose
TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day.
We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Opportunity Overview
Product Manager — Defense & Aerospace Business Unit (Hybrid)
Teradyne’s Defense & Aerospace Business Unit is seeking an experienced Product Manager to drive the success of our Automatic Test Equipment and Services business. In this role, you will own product strategy and lifecycle management while partnering cross-functionally to deliver solutions that meet customer needs and business objectives. You will translate market signals into clear roadmaps, enable go-to-market execution, and help ensure operational readiness across the product portfolio.

Requirements

• Bachelor’s degree in Electrical Engineering or a related engineering discipline or equivalent experience.
• 5+ years of experience in product management, product marketing, or a related technical role.
• Product development, manufacturing integration, and customer support.
• Ability to influence cross-functional teams and drive outcomes without direct authority.
• Strong analytical skills (forecasting, market analysis, business reporting).
• Excellent written and verbal communication; ability to present complex information clearly.
• Willingness to travel up to 20% domestically and internationally.

Nice To Haves

• MBA or equivalent advanced management education.
• Prior experience in the Aerospace & Defense industry; familiarity with PLM platforms (e.g., Teamcenter), CRM systems (e.g., Salesforce), and analytics tools.

Responsibilities

• Lead product strategy: Define and implement a comprehensive product strategy that supports both short- and long-term business success.
• Develop and drive lifecycle management: Lead product lines from new product introduction through end-of-life, including configuration, pricing, and production transitions.
• Analyze market trends: Identify global market trends, adjacent opportunities, and competitive positioning to inform go-to-market plans.
• Collaborate cross-functionally: Partner with Engineering, Manufacturing/Operations, Sales, and Support teams to align products with customer needs and market trends.
• Partner with customers and sales: Serve as a subject-matter expert in test applications, competitive alternatives, and customer requirements; support key opportunities and manage customer-facing activities such as proposals and pricing.
• Ensure forecasting and reporting: Manage the business forecast, synthesize market and business results, and support business reviews and inventory decisions.
• Build enablement and collateral: Create and maintain supporting materials including competitive differentiation, pricing strategy, and sales collateral.
• Sustain continuous improvement: Identify product management and marketing process improvements and enabling technologies to increase productivity and decision-making efficiency.

Benefits

• Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees