Centralized Material Estimating Analyst - Level 2
What You Will Be Doing
As a Centralized Material Estimating Analyst, you will play a key role in shaping the cost and pricing strategy for major programs by developing, validating, and maintaining accurate material cost estimates. You will work cross-functionally with Engineering, Manufacturing, Supply Chain, Finance, and Program Management to translate technical and program requirements into well-supported cost projections. Your work will directly support proposals, contract negotiations, and strategic business decisions, ensuring estimates are compliant, defensible, and aligned with customer and internal expectations.
Key Responsibilities
- Develop and validate detailed material cost estimates in support of proposals, negotiations, and program execution.
- Create clear, auditable Basis of Estimates (BOEs) that align technical inputs, historical data, and program assumptions.
- Collaborate with Engineering, Manufacturing, Supply Chain, Finance, and Program teams to gather requirements and ensure cost accuracy and consistency.
- Analyze material requirements, supplier data, and cost drivers to identify risks, trends, and opportunities for cost improvement.
- Ensure estimating activities comply with customer requirements, regulatory standards, and internal policies and procedures.
- Support reviews, audits, and management briefings by providing cost rationale and responding to data requests.
- Contribute to continuous-improvement initiatives by refining estimating processes, tools, and best practices.
• Bachelor’s degree in accounting/Finance, Business, or other related discipline from an accredited school
- Experience with data analytics and analysis
- Experience with Microsoft Excel and PowerPoint at an advanced or expert level
• Pricing or functional estimating experience in materials, engineering, operations, and/or Sustainment
• Familiarity or experience with FAR, Part 15 proposal requirements
• Experience coordinating complex estimates with changing requirements
• Experience using proposal pricing systems or BOE tools such as, PROPRICER, APTS, or BOE other tool usage
• Experience in Tableau
• Proven communication and leadership skills
Pay Information
GeoZone Definition: GeoZones are geographic groupings created by Lockheed Martin to align compensation ranges with regional labor markets and cost-of-labor differences across the United States. Locations are assigned a Geo Zone based on the primary work location of the role.
- Full-time salary range (GEOZONE 1): $74900.00 - $139100.00
- Includes metropolitan areas such as Sunnyvale CA; Pal Alto, CA; New York City metropolitan area; Newark, New Jersey; etc.
- Full-time salary range (GEOZONE 2): $67400.00 - $125200.00
- Includes metropolitan areas such as Denver, CO; King of Prussia, PA; Stratford, CT; Moorestown, NJ; etc.
- Full-time salary range (GEOZONE 3): $59900.00 - $111300.00
- Includes metropolitan areas such as Dallas–Fort Worth, TX; Orlando, FL; Grand Prairie, TX; Marietta, GA; etc.
- Full-time salary range (GEOZONE 4): $53900.00 - $100100.00
- Includes metropolitan areas such as Camden, AR; Lexington, KY; Lufkin, TX; etc.
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 Accounting, Finance, Business, or a related discipline from an accredited school
- Experience with data analytics and analysis
- Advanced or expert-level experience with Microsoft Excel and PowerPoint
- Pricing or functional estimating experience in materials, engineering, operations, or sustainment
- Familiarity or experience with FAR Part 15 proposal requirements
- Experience coordinating complex estimates with changing requirements
- Experience using proposal pricing systems or BOE tools such as PROPRICER or APTS
- Experience with Tableau
- Proven communication and leadership skills
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.
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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.
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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.
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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.
Lockheed Martin Insights
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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