Industrial Engineer Sr - E3

Posted 2 Hours Ago
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Grand Prairie, TX, USA
Hybrid
85K-158K Annually
Senior level
Aerospace • Security • Cybersecurity • Industrial
The Role
Develop production-operation estimates for compliant proposals and development contracts. Analyze historical actuals, apply learning curves, build cost models, forecast production lot estimates, prepare basis-of-estimate rationales, complete monthly estimate-at-complete assessments and earned value analysis, and present findings to Production Operations leadership.
Summary Generated by Built In
Standard Job Description

The candidate will be responsible for developing production‑operation estimates for TINA/FAR‑compliant proposals and Cost Management for development contracts. This role involves but not limited to:

  • Analyzing historical actuals and applying learning‑curve techniques.
  • Building and maintaining cost models and conducting trend analysis to forecast future production lot estimates.
  • Preparing a clear basis‑of‑estimate (BOE) rationale to support each estimate.
  • Completing monthly estimate-at-complete (EAC) assessments and earned value analysis.
  • Presenting data and findings to Production Operations leadership.
Basic Qualifications

- Bachelors degree in Industrial Engineering, Business Finance-related field or similar.
- Proficient in Microsoft Office Suite tools: Excel, Outlook, Word, and PowerPoint.
- Experience creating labor estimates and learning curve application.

- Ability to obtain a security clearance.

Desired Skills

- Experience using SAP ERP system.
- Experience with FAR proposals and creation of BOEs (Basis of Estimate).
- CAM (Control Account Manager) certified or experience in EAC development.
- Experience or education in manufacturing.
- Experience in data analytics and/or creating tableau dashboards.

Pay Information

Full-Time Salary Range: $85300.00 - $158300.00

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.  

Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.

  • Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
  • For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.

Skills Required

  • Bachelor’s degree in Industrial Engineering, Business Finance, or a related field
  • Proficiency with Microsoft Office Suite, including Excel, Outlook, Word, and PowerPoint
  • Experience creating labor estimates and applying learning curves
  • Ability to obtain a security clearance
  • Experience using SAP ERP
  • Experience with FAR proposals and basis-of-estimate creation
  • CAM certification or experience developing estimate-at-complete assessments
  • Manufacturing experience or education
  • Experience in data analytics or creating Tableau dashboards

Lockheed Martin Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lockheed Martin and has not been reviewed or approved by Lockheed Martin.

  • Retirement Support — Retirement benefits are described as a standout element, with a strong 401(k) program and options like an employee stock purchase plan. Feedback suggests these features meaningfully enhance total compensation and long‑term financial security.
  • Healthcare Strength — Healthcare coverage is portrayed as comprehensive from day one, with multiple plan options, mental health resources, and virtual care. Wellness supports such as on‑site services and preventive programs are also highlighted.
  • Flexible Benefits — Work arrangements often include compressed schedules and telework, contributing to a favorable work‑life balance. Feedback suggests this flexibility is a key reason many view the overall package positively.

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The Company
HQ: Bethesda, MD
108,588 Employees
Year Founded: 1912

What We Do

Customer Focus, Innovation and Purpose are Built Into Everything We Do. Lockheed Martin. Your Mission is Ours ™. Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

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