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Lockheed Martin
Price Cost Analyst - E2
Career Insights for Procurement Analyst
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Based on Texas data
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What they do
A Procurement Analyst is responsible for the analysis of purchasing within an organization, ensuring that the purchasing strategy is kept to and that inventory levels are maintained.
$72,443 / year median in Texas
-1% projected decline
Job Description
Price Cost Analyst - E2 Lockheed Martin - 4.0 Grand Prairie, TX Job Details Full-time $59,900 - $111,300 a year 22 hours ago Benefits Paid holidays Disability insurance Health insurance Dental insurance Flexible spending account Paid time off Parental leave Employee assistance program Vision insurance 401(k) matching Life insurance Qualifications Master's degree in accounting Federal Acquisition Regulations Statistics Cost Accounting Standards Cost accounting analysis Statistics Pricing analysis Finance Bachelor's degree in finance Spreadsheets Supply chain Procurement financial analysis Labor cost analysis Mathematics Secret Clearance Detailed cost estimating Mid-level Finance Analysis skills Developing strategic sourcing strategies Math Bachelor's degree Government contract management experience Master's degree in finance Contracts Accounting and finance experience Procurement cost analysis Negotiating purchasing contracts Accounting standards Material cost estimating Full Job Description Standard Job Description You will be the Price Cost Analyst for the Pricing and Cost Analysis Team . Our team is responsible for developing and executing price and cost strategies to support program success. What You Will Be Doing As the Price Cost Analyst you will be responsible for leading supplier capture strategy, performing price/cost analysis, evaluating proposals, and driving negotiations to meet profit and affordability goals. Your responsibilities will include, but are not limited to: Develop supplier capture strategies aligned with long‑range objectives. Perform and document price/cost analysis for proposals across development, production, and sustainment. Analyze supplier cost estimates for reasonableness, focusing on material, labor, and tooling. Develop negotiation strategies and conduct supplier and prime negotiations. Travel domestically and internationally (20‑25%) to support program engagements. Why Join Us The ideal candidate is analytical, collaborative, and driven to influence program outcomes through rigorous cost insight. This role offers high‑impact visibility, diverse stakeholder interaction, and the chance to shape pricing strategies for major systems. We are committed to supporting your work‑life balance and overall well‑being, offering flexible scheduling options. Learn more about Lockheed Martin's comprehensive benefits package here. Further Information About This Opportunity This position is in Dallas. Discover more about our Dallas, Texas location. or This position is in Orlando. Discover more about our Orlando, Florida location.
MUST BE A U.S. CITIZEN
- This position is located at a facility that requires special access. Basic Qualifications Bachelor's or Master's from an accredited college or university in Supply Chain, Accounting, Finance, or other business related discipline Experience in 2 or more of the following fields: Negotiations / Supply Chain / Procurement / Statistics / Mathematics / Engineering / Accounting / Financial Analysis / Price Analysis / Cost Analysis This position requires travel, on average 20-25% domestically and internationally Must be a US Citizen, and have the ability to obtain a Secret Clearance Desired Skills Experience operating in a fast paced environment Advanced in Microsoft Excel Experience in auditing supplier financial documents and records including trial balances and general ledger. Experience with government contracts, Federal Acquisition Regulation (FAR) requirements, and Cost Accounting Standards (CAS) Experience in negotiatingFAR 15 TINA
proposals Experience in Cost Analysis and evaluation techniques used in assessing supplier proposals Experience communicating departmental and program messages to both Lockheed Martin personnel, as well as the customerPay Information Full-Time Salary Range:
$59900.00 - $111300.00 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.Benefits
- Paid Time Off (PTO)
- Sick Leave
- 401(k) Plans
- Professional Development