Raytheon Technologies

Principal Material Estimator

Raytheon Technologies$86K — $165K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field with 5+ years experience, or Advanced Degree with 3+ years experience.
  • Proficient in Microsoft Office Suite (Word, PowerPoint, Excel).
  • U.S. citizenship required for access to financial management systems.

Responsibilities

  • Develop, analyze, and complete material proposals.
  • Collaborate across functions to evaluate costs associated with contracts.
  • Utilize estimating and pricing programs effectively.
  • Lead Material Basis of Estimates development and track progress.
  • Ensure compliance with FAR and internal proposal requirements.
  • Implement solutions for thorough material package development.
  • Conduct detailed analysis for material estimate accuracy.

Benefits

  • Medical, dental, and vision insurance.
  • Life insurance and disability coverage.
  • 401(k) matching.
  • Flexible work schedules.
  • Employee assistance and scholarship programs.
  • Paid time off and holidays.
Full Job Description
Date Posted:
2026-08-18
Country:
United States of America
Location:
US-TX-MCKINNEY-513WA ~ 2501 W University Dr ~ WING A BLDG
Position Role Type:
Hybrid
U.S. Citizen, U.S. Person, or Immigration Status Requirements:
U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.
Security Clearance Type:
None/Not Required
Security Clearance Status:
Not Required

What You Will Do
  • Be responsible for the development, analysis and completion of material proposals
  • Work with other functions from across the company to understand and evaluate the material and other direct costs associated with proposed contracts and the associated program
  • Utilize company estimating and pricing programs and tools
  • Lead the development of Material Basis of Estimates to include tracking progress, validating and analyzing supplier quotes and Purchase Order History, ensuring consistency across the program, and confirming the estimating approach is sound
  • Ensure proposals comply with all FAR and internal requirements
  • Assess, develop and implement solutions leading to a thorough material package
  • Perform detailed and complex analysis of inputs to ensure soundness in our material estimates


Qualifications You Must Have
  • Typically requires a bachelor's degree in Accounting, Finance, Business Administration, or related/applicable field and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years' experience.
  • Experience with Microsoft Office products (ex. Word, PowerPoint, Excel)
  • U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements.


Qualifications We Prefer
  • Strong organization and analytical skills
  • The ability to work well in teams, with peers and management
  • Strong oral and written communication skills
  • Demonstrated ability to consistently meeting deadlines in a schedule driven environment
  • Knowledge and experience with proposal development, price buildup, and estimating and pricing processes.
  • Knowledge of and/or experience with federal proposal regulations including but not limited to: FAR, DFAR, TINA


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


Learn More & Apply Now!

Please consider the following role type definition as you apply for this role.

Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader. For onsite and hybrid roles, commuting to and from the assigned site is the employee's personal responsibility.

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 86,800 USD - 165,200 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.

Stay Connected

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Prepare for Your Future

Ready to apply? Enhance your resume and prepare for your interview with our comprehensive support tools and resources. Discover the exciting and rewarding career opportunities that await at Raytheon Technologies.

SEARCH RAYTHEON TECHNOLOGIES JOBS

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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