Cost Estimator Sr
Lockheed Martin Corporation 3,188 reviews - Orlando, FL

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-Excellent interpersonal and organizational skills
-Excellent presentation skills
-Strong Microsoft Office Suite skills
-Excellent communication skills (oral and written)
-Experience working in a finance environment

Desired skills
-Experience with P2P
-Understanding of how to build a bill of material
-Experience in a proposal environment

Specific Job Description
This position will focus on the estimating material and subcontract cost in support of proposal activity. Work closely with engineering to develop bills of material and ensure their accuracy. Review cost data for timeliness and work closely with sourcing / global supply chain to confirm and coordinate cost information. Develop a sourcing package for review and approval. Work closely with cost estimating to meet the needs of each specific proposal.

Standard Job Description
Estimates labor and material costs of manufacturing and engineering based on request for proposal (RFP) data submitted by prospective customers. Analyzes specifications, including sketches, blueprints, bills of material, or sample layouts, and calculates production costs using labor and material pricing schedules and historical data. Collects cost data from functional representatives, subcontractors, and vendors. Computes cost estimates of raw materials or subcontracted work and labor. Prepares and maintains historical cost data. Creates cost models for cost estimating elements. Prepares cost reports and presents findings to management, contract personnel, proposal coordinators, customer representatives, price auditors, vendors, and subcontractors.

Security Clearance

Typical Minimums
Bachelors degree from an accredited college in a related discipline, or equivalent experience/combined education, with 6 years of professional experience; or 4 years of professional experience with a related Masters degree. Considered career, or journey, level.

LMCareers Business Unit
ESS0806 MST (S0806)

Business Area
Mission Systems and Training


S291:MST FBO Func Finance - Corp

Job Class

Job Category
Experienced Professional




Relocation Available

Work Schedule
FLEX-Non-Standard 40 hour week

Req Type



About this company
3,188 reviews
As a leading technology innovation company, Lockheed Martin’s team of people works with partners around the world to bring proven...