Raytheon Technologies

Affordability Cost Modeler Engineer

Raytheon Technologies$68K — $131K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in STEM with 2+ years of relevant experience
  • Familiarity with engineering, manufacturing, and supply chain concepts
  • Proven experience in cost modeling, economics, or quantitative data analysis

Responsibilities

  • Develop and execute cost models for different phases of product lifecycle
  • Use validated data to populate cost model inputs
  • Evaluate cost drivers based on technical and manufacturing decisions
  • Conduct analyses for cost initiatives like Design-to-Cost and Cost-as-an-Independent-Variable
  • Implement statistical methods to analyze cost behavior
  • Perform sensitivity analyses to assess impact of variables on cost
  • Update cost models regularly with new data for accuracy

Benefits

  • Relocation assistance available
  • Emphasis on safety, trust, and innovation as core values
  • Comprehensive medical, dental, and vision insurance
  • 401(k) matching and flexible spending accounts
  • Employee assistance programs and parental leave options
Full Job Description
Date Posted:
2026-07-23
Country:
United States of America
Location:
US-AZ-TUCSON-800 ~ 1151 E Hermans Rd ~ BLDG 800
Position Role Type:
Onsite
U.S. Citizen, U.S. Person, or Immigration Status Requirements:
The ability to obtain and maintain a U.S. government issued security clearance is required. U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance
Security Clearance Type:
DoD Clearance: Top Secret
Security Clearance Status:
Active and existing security clearance required after day 1

Raytheon's Strategy & Technology Center is seeking an Affordability Cost Modeler to develop, execute, and maintain cost models that assess system affordability across the product lifecycle. The role collaborates with engineering, operations, supply chain, and affordability teams to identify cost drivers and generate accurate model inputs. Although not client-facing, the position ensures internal program teams have reliable, traceable cost data to support lifecycle management milestones and affordability commitments. Overall, the Cost Modeler integrates technical, design, manufacturing, supplier, and sustainment factors into a unified cost framework that supports informed, data-driven decision making.

This is an onsite role located in Tucson, AZ.

What You Will Do
  • Support the development and execution of cost models for development, production, and sustainment forecasting.
  • Populate cost model inputs using validated engineering, operations, supplier, and financial data.
  • Identify key cost drivers and evaluate how technical or manufacturing decisions influence cost outcomes.
  • Contribute to analyses for Design-to-Cost (DTC), Cost-as-an-Independent-Variable (CAIV), and lifecycle cost modeling (LCC/TOC).
  • Apply basic statistical methods such as trend analysis, simple regression, and variance analysis to assess cost behavior.
  • Perform sensitivity analyses related to quantity, production rate, design changes, and supplier variations.
  • Maintain traceable data, assumptions logs, and documentation to support model credibility.
  • Support Business Case Analyses (BCA's) and evaluations of cost-reduction opportunity (CRO).
  • Collaborate with Affordability Leads and senior Modelers to align cost modeling with program requirements and RLPM needs.
  • Update cost models as new data becomes available to ensure accuracy and relevance.


Qualifications You Must Have
  • Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) a minimum of 2 years prior relevant experience.
  • Experience in engineering, manufacturing, and/or supply-chain environments or concepts.
  • Experience with analysis in at least one of the following: cost modeling, economics, statistics, and/or quantitative data interpretation.


Qualifications We Prefer
  • Active and transferrable Top Secret security clearance.
  • Degree or advanced degree in Mathematics, Data Analytics, Economics, Industrial Engineering, Operations Research, Business Analytics, or a related analytical field
  • Exposure to cost analysis, operations research, engineering economics, or related disciplines.
  • Experience with data analysis tools such as Python, R, MATLAB, Tableau, or Power BI.
  • Proficiency with Microsoft Excel (pivot tables, formulas, charts).
  • Ability to communicate technical and cost concepts clearly to internal teammates.
  • Strong organizational skills and attention to detail in documenting assumptions and processes.


What We Offer
  • Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Safety, Trust, Respect, Accountability, Collaboration, and Innovation.
  • Relocation Eligible - Relocation assistance is available.


Learn More & Apply Now!

  • Please consider the following role type definition as you apply for this role.
  • Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.
  • This position requires a security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm


As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

The salary range for this role is 68,900 USD - 131,100 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate's work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company's performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

About Raytheon Technologies

Raytheon Solipsys, a wholly-owned subsidiary of the Raytheon Company, is an industry leader in the development of integrated Command and Control (C2) Network-Centric solutions for the Domestic and International DoD and Homeland Security. Through proven systems and software engineering practices, built on the invention and application of innovative technologies, they deliver the C2 infrastructure necessary to effectively control security/military forces in any environment. Their reliable solutions assure information superiority, increased shared awareness, deep sensor reach, aircraft control, air defense, disaster management, and time-critical decision making.

Raytheon Technologies Careers

Join the innovative world of Raytheon Technologies, a leader in aerospace and defense, where we offer unparalleled job opportunities in an environment that champions diversity, leadership, and professional growth.

Work You’ll Do

At Raytheon Technologies, you’ll be part of a company that values innovation and leadership. Our team is dedicated to solving some of the most complex challenges in aerospace and defense, making significant impacts worldwide. With a culture that fosters diversity and inclusion, you will collaborate with some of the brightest minds in the industry.

Transform Your Career

Step into a role that harnesses your skills and propels your career to new heights. Raytheon Technologies is not just about thinking big but making those big ideas happen. We provide robust career development opportunities that include comprehensive training and development programs, leadership workshops, and continuous learning through our internal platforms.

Innovate and Lead

Join our team of over 60,000 professionals globally, who are not only experts in their fields but are also driven by a passion for innovation and excellence. At Raytheon Technologies, you are positioned at the forefront of the industry, where your work directly contributes to groundbreaking advancements in technology and defense.

Internship and Employment Opportunities

Whether you’re starting your career or looking to advance, Raytheon Technologies offers a range of employment and internship opportunities that can help you achieve your professional goals. Our internships provide a solid foundation of skills and experiences, while our full-time positions offer a path to personal and professional growth within the company.

Benefits and Culture

Our employees enjoy a competitive package of benefits and rewards that reflect their invaluable role in our company. From health and wellness programs to performance bonuses and flexible working conditions, we ensure our team members are well taken care of.

Networking and Professional Development

At Raytheon Technologies, networking and professional development are part of our DNA. We encourage our employees to engage in internal and external networking events, leadership training, and diversity initiatives that enhance their career journey.

Join Our Team

Explore the numerous positions available that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

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Join us in our mission to create a safer future and be a part of a team that values integrity, excellence, and teamwork. At Raytheon Technologies, your career is just the beginning of a lifelong journey of professional and personal growth.
Learn more about Raytheon Technologies
Size
14,771 employees
Market Cap
$32,494
Industry
Founded
1922
NASDAQ

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