Raytheon · 18 hours ago
Principal Specialist, Procurement
Raytheon is an Aerospace and Defense company dedicated to providing advanced systems and services for various customers worldwide. The Principal Specialist, Procurement role involves managing supplier relationships, administering subcontracts, and facilitating complex business agreements to support the Naval Power procurement team.
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Responsibilities
Manage a high-volume desk in a fast paced environment while consistently meeting accuracy and performance metrics
Prepare and issue RFPs and execute to the PR to PO lifecycle
Perform price/cost analysis techniques and place Firm Fixed Price, Letter Subcontracts and cost type POs in accordance with FAR/DFARS
Proactively manage suppliers to ensure on time delivery by obtaining accurate status, implement proper oversight and recovery efforts
Present Root Cause and Corrective Actions to leadership team based on metrics performance and supplier issues
Develop negotiation strategies and lead formal negotiations (Price, Delivery, scope, Terms & Conditions)
Work closely with the Program and other functional groups (Operations, Quality, Engineering, Program Management, etc) to achieve objectives
Travel as required (up to 30%) and lead supplier onsite reviews
Qualification
Required
Typically requires a Bachelor's and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years' experience
U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required
Preferred
Masters' degree in supply chain, business, engineering or related field
Experience in working with development type of procurement
Experience managing a high volume, quick turn procurement desk
SAP based environment experience
Experience with technical requirements of procured hardware and services – including Statement of Work (SOW), build to spec and build to print procurements
Experience implementing/executing supplier recovery efforts
Experience with executing FFP and Cost Plus Fixed Fee contracts
Familiarity with the International Traffic in Arms Regulations (ITAR)
Demonstrated knowledge / compliance with Federal Acquisition Regulations (FAR/DFARS)
Experience in written contractual authorization/vehicles (Cost Plus, Firm Fixed Price etc.)
Assess proposal compliance (FAR 15.4)
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
EIN Presswire
2025-07-29
2025-07-28
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