Raytheon · 2 hours ago
Sr. Principal Affordability Engineer
Raytheon is a leader in defense and aerospace, dedicated to helping the nation and allies defend freedoms. They are seeking a Senior Principal Affordability Engineer to provide expertise in cost modeling and affordability solutions for Ground Radar and Sensor programs, ensuring system affordability while meeting mission performance requirements.
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Responsibilities
Developing DTUPC models to support program cost targets
Performing discrete event simulations using tools such as ExtendSim for modeling and analyzing dynamic systems across various modes, including discrete events to analyze cost, schedule, and risk trade-offs
Providing subject matter expertise in cost modeling, affordability processes, and decision-support analysis across program teams
Qualification
Required
Typically requires a Bachelor's in Science, Technology, Engineering, or Mathematics (STEM preferred) and a minimum of 10 years of prior engineering experience or equivalent experience
Ability to obtain and maintain U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for the required security clearance
Experience with production cost modeling, life cycle cost estimating, or affordability analysis
Experience applying statistical methods to perform predictive modeling
Experience with estimating supplier positions for hardware costs
Experience supporting proposal development
Minimum of 10+ years of experience in engineering, operations research, data analytics, or related technical discipline
Experience communicating complex affordability and cost analysis results to various audiences including engineering, program management, and external customers
Experience with developing, documenting and maintaining processes, methods and tools
Experience with MS Office Suite
Preferred
Experience with modeling, life cycle cost estimating, and affordability analysis
Hands-on experience with discrete event simulation tools (e.g., ExtendSim) and cost estimating tools (e.g., ACEIT) and parametric estimating tools (e.g., TruePlanning, SEER)
Background in data analytics with experience using tools such as Python, R, Power BI, Power Query, SQL, or Tableau to analyze and visualize large data sets
Familiarity with AI/ML techniques for cost prediction, trend analysis, or optimization is a strong plus
Active DoD Secret Clearance or greater
Master's degree in Engineering, Science, Mathematics or related discipline
Knowledge of radar, sensors, or defense system development (a plus but not required)
Benefits
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
Holidays
Company
Raytheon
Raytheon, an RTX business, creates next-generation defense solutions that are smarter, faster and better than previously thought possible.
Funding
Current Stage
Late StageTotal Funding
$16MKey Investors
United States Air Force
2012-01-17Series Unknown· $5.5M
2009-10-26Acquired
2009-10-01Series Unknown· $10.5M
Leadership Team
Recent News
2025-08-29
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2025-07-29
2025-07-28
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