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Lockheed Martin
Contracts Management Sr
Career Insights for Contracts Administrator
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Scorecard
Based on Virginia data
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What they do
A Contracts Administrator reviews and manages business contracts for a company or organization. Reviews proposed contract terms and conditions, and communicates and negotiates with clients; confirms that contract terms have been met before a contract is closed out. Oversees the administration of contracts for equipment and supplies; may also deal with surplus or unclaimed property.
$89,406 / year median in Virginia
-8% projected decline
Job Description
## Job Description
This position will require the ability to collaborate, provide contractual guidance and support cross-functional team members (e.g. Legal, Program Management, Finance, etc.) as needed. Additionally, the ability to analyze and mitigate contractual risks as well as develop contingency plans to minimize potential losses are key elements of this position. Lastly, the candidate should have a working knowledge and experience with financial instruments, such as Corporate Guarantees, performance bonds, bid bonds and letters of credit are required. Strategy & Compliance•Design and enforce contracts‑management frameworks that align with corporate policies, procedures, and all applicable regulatory requirements (e.g.: Export controls, Corporate Treasury Compliance, etc.).Contract Negotiation & Contract Execution•Lead complex proposal negotiations and manage the life‑cycle execution of international and U.S. Government contracts, ensuring favorable terms and risks are understood and mitigated.
Risk Management•Conduct detailed risk assessments; develop mitigation plans and alternative execution strategies; monitor and adjust as contracts evolve.
Proposal Coordination•Oversee proposal generation and submission; collaborate with Business Development, Legal, Program Management, Finance, and other functions to reconcile cost, schedule, and technical changes.
Innovative Problem Solving•Apply contractual creativity and ingenuity to resolve high‑complexity issues that impact program performance.
Stakeholder Relationship Management•Build and sustain strong relationships with internal and external customers; ensure transparent communication that supports future growth opportunities.
WHAT WE'RE DOING
At Lockheed Martin Rotary and Mission Systems, we are inspired by innovation and integrity. We believe that by applying the highest standards of business ethics and creative thinking, everything is within our reach•and yours as a Lockheed Martin employee. Lockheed Martin values your skills, training and education. Come and experience your future!THE WORK
Lockheed Martin is seeking an experienced contracts professional to lead proposal development, proposal negotiations and contract execution of both international and commercial based contracts for Undersea Mission Systems (UMS) market segment within the C6ISR business unit. This mid‑level position will be responsible for contractual oversight of a diverse portfolio that spans Direct Commercial Sales and International based contracts. Success in this role requires deep expertise in contract negotiation, rigorous compliance oversight, and the ability to partner with cross‑functional teams to safeguard program interests while fueling business growth.This position will require the ability to collaborate, provide contractual guidance and support cross-functional team members (e.g. Legal, Program Management, Finance, etc.) as needed. Additionally, the ability to analyze and mitigate contractual risks as well as develop contingency plans to minimize potential losses are key elements of this position. Lastly, the candidate should have a working knowledge and experience with financial instruments, such as Corporate Guarantees, performance bonds, bid bonds and letters of credit are required. Strategy & Compliance•Design and enforce contracts‑management frameworks that align with corporate policies, procedures, and all applicable regulatory requirements (e.g.: Export controls, Corporate Treasury Compliance, etc.).Contract Negotiation & Contract Execution•Lead complex proposal negotiations and manage the life‑cycle execution of international and U.S. Government contracts, ensuring favorable terms and risks are understood and mitigated.
Risk Management•Conduct detailed risk assessments; develop mitigation plans and alternative execution strategies; monitor and adjust as contracts evolve.
Proposal Coordination•Oversee proposal generation and submission; collaborate with Business Development, Legal, Program Management, Finance, and other functions to reconcile cost, schedule, and technical changes.
Innovative Problem Solving•Apply contractual creativity and ingenuity to resolve high‑complexity issues that impact program performance.
Stakeholder Relationship Management•Build and sustain strong relationships with internal and external customers; ensure transparent communication that supports future growth opportunities.