Raytheon · 22 hours ago
Principal Procurement Specialist (Remote)
Raytheon is a leading company in defense and aerospace, dedicated to helping the nation and allies. They are seeking a Principal Procurement Specialist to manage supplier relationships, oversee subcontracts, and ensure timely product delivery while collaborating with various functional teams.
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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
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 University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
Experience with FAR/DFAR
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 working proactively with cross functional teams to resolve supplier issues and internal process challenges
Experience managing a high volume procurement desk with POs over the TINA threshold
SAP based environment experience
Experience implementing/executing supplier recovery efforts and running supplier calls
Experience with executing FFP and Cost Plus Fixed Fee contracts
Familiarity with the International Traffic in Arms Regulations (ITAR)
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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