About The Position

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history. The Cost Engineering position represents a unique specialty engineering opportunity within the larger Systems Engineering organization. The Cost Engineer works closely with all technical aspects and requirements of the program, linking the technical solution to the cost solution. They are responsible for performing a variety of engineering economic analyses that can be executed throughout the product life cycle stages. The position requires an understanding of at least two of the following analyses: Cost-Effectiveness, Life Cycle Cost (LCC), Cost As an Independent Variable (CAIV), Design to Cost (DTC), and Cost Reduction Initiatives (CRI). It requires systems thinking and a working knowledge of the full development life cycle. The candidate will develop and oversee tradeoffs of requirements, design, performance, cost, and schedule to address affordability constraints. The candidate should have a strong understanding of Systems Engineering; stakeholder analysis, mission engineering, system architecture and design, system integration, system analysis and trade studies, risk and opportunity management. They should also demonstrate sound engineering economics and business acumen. The Cost Engineer may participate in both new business capture efforts and ongoing program execution. The analysis performed is done in a non-advocacy manner representing the organization as an “honest broker” providing credible cost analysis.

Requirements

  • Bachelor of Science Degree in a STEM discipline and 2 years of engineering experience OR Master of Science Degree in a STEM discipline with 0 years of experience
  • Must be a US Citizen with an active U.S. Government DoD Secret security clearance at time of application with an investigation completed within the last 6 years
  • Experience using Microsoft Office suite of tools with excellent Excel proficiency
  • Experience with cost-effectiveness, LCC, CAIV, DTC, and/or CRI analyses
  • Experience with modeling Life Cycle Cost for large/complex systems of systems

Nice To Haves

  • Advanced degree or certification in Systems Engineering or Masters in Business (Finance, Accounting, Administration, or similar)
  • Experience in developing cost research models and cost risks analysis for complex aerospace systems
  • Experience in performing cost estimating activities such as cost analysis, statistical analysis, WBS development, and cost risk analysis
  • Experience with DoD Acquisition principles and guides, e.g. MIL-STD 881E, O&S CAPE Guide, DAU Guide on Systems Engineering, etc.
  • Working knowledge of cost parametric tools: ACEIT, SEER from Galorath, PRICE, VBA and Unison TruePlanning
  • Experience in Cost Data Analysis and Predictive Analytics; Tableau & Alteryx
  • Experience with data mining/analytics programming languages such as Python, R, SQL, or BA

Responsibilities

  • Mission focused Cost-Effectiveness Analysis
  • Life Cycle Cost Analysis (LCC)
  • Trade Studies (e.g., CAIV, BCAs)
  • Design to Cost (DTC)
  • Should Cost
  • Cost Reduction Opportunities and Initiatives
  • Cost Metrics Development

Benefits

  • Medical, Dental & Vision coverage
  • 401k
  • Educational Assistance
  • Life Insurance
  • Employee Assistance Programs & Work/Life Solutions
  • Paid Time Off
  • Health & Wellness Resources
  • Employee Discounts
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