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Textron Systems
Prin Contracts Specialist
Career Insights for Contracts Analyst
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Based on Maryland data
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What they do
A Contracts Analyst reviews business contracts for a company or organization. Reviews proposed contract terms and conditions, communicates with management about contract obligations, and communicates and negotiates with clients. Prepares contract cost estimates and reviews proposals for contract changes. Confirms that contract terms have been met before a contract is closed out.
$79,810 / year median in Maryland
-4% projected decline
Job Description
Prin Contracts Specialist (
Job Number:
344805 ) Description Who We Are Textron Systems is part of Textron, a $14 billion, multi-industry company employing 35,000 talented makers, thinkers, creators and doers worldwide. We make things that fly, hover, zoom and launch. Things that move people. Protect soldiers. Power industries. We serve customers in industries spanning aerospace and defense, specialized vehicles, turf care and fuel systems. This role is in Textron System's Legal business area. Visit TextronSystems.com & Lycoming.com to read more about who we are and the products we make! About This Role The Principal Contracts Specialist shall proactively provide support to contract management and directors of a particular Business Unit in administering government, international and commercial contracts. S/he will support all aspects of contract management throughout the contracting process, from pre-proposal activities through contract closure. In performing this role, the Principal Contracts Specialist will:- Support the review and risk analysis of solicitations and terms and conditions and coordinate with their supervisor.
- Participate in bid/no bid decisions and proposal review meetings.
- Review cost proposals, maintain cost and pricing data records for TINA compliance, support fact-finding and DCAA audits, and support negotiations.
- Proactively administer a variety of contracts (government/commercial, domestic/international) of all types (cost reimbursement, fixed price, incentive, award fee, IDIQ, time and material, etc.) and modifications thereto. Prepare and coordinate business correspondence, generate required contract-related reports, and maintain accurate and complete contract files and records for the company.
- Remain actively engaged with (and serve as an integral member of) designated program teams and develop strong interfaces with Hunt Valley personnel in other functional areas.
- Participate in program reviews, monitor program performance (contract schedules, deliverables, funding, invoicing, and payments), and notify contract managers or directors of potential non-compliances or other problems that could have an adverse impact on the company.
- Identify and administer contract changes, and coordinate resolution of contract issues with your supervisors.
- Actively administer the closeout of completed contracts.
- Ensure contract management activities are conducted in accordance with company policies and procedures, applicable laws and regulations, and customer requirements.
- Ensure coordination with Legal on contract matters that may have legal significance (such as, identifying to Legal non-standard or potentially high-risk terms and conditions) prior to advising management of contractual risks, rights and obligations, and terms and conditions interpretations.
- Perform other contract-related duties as assigned.
Required Skills:
- Solid knowledge and understanding of basic contracting principles and all contract types.
- Excellent interpersonal skills.
- Strong knowledge of the federal acquisition process, government contracting principles and governing regulations (including
FAR/DFAR
).- Demonstrated experience in contract administration.
- Basic understanding of business agreements and general business practices,
- Working knowledge of subcontracting practices, accounting, finance, pricing, and estimating principles, and business law.
- Basic knowledge of international contract terms, ITAR and US import and export regulations.
- Basic knowledge of commercial contracting terms (FAR part 12, GSA, etc.)
- Solid oral/written communication and organizational skills.
- Ability to effectively communicate with all levels of management
- Ability to manage multiple work assignments and meet critical deadlines.
- High integrity and an unyielding commitment to compliance.
- Willingness and ability to travel domestically and internationally.
- Personal computer skill proficiency Qualifications Qualifications BA/BS degree.
- Flexible Work Schedules
- Education Assistance
- Career Development & Training Opportunities
- Wellness Program (including Fitness Reimbursement)
- Medical, Dental, Vision & 401(K) with Company Funding
- Paid Parental Leave Are you a Military Veteran?
- $167,900 per year.
Recruiting Company :
Textron Systems Primary Location :
US-Maryland-Hunt Valley Job Field :
Legal Schedule :
Full-time Job Level :
Individual Contributor Job Type :
Experienced Shift :
First Shift Relocation :
Available Job Posting :
09/01/2026, 12:22:30 PMBenefits
- 401(k) Plans
- Professional Development
- Mental Health
- Other Retirement and Savings