Odyssey Systems

Senior Cost Estimator

Odyssey Systems$100K — $120K *
Aerospace & Defense
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Must be a US citizen
  • Secret clearance required
  • Master’s or Doctorate Degree in a related field with 10 years of experience, or Bachelor's with 12 years, or 15 years of direct experience (8 in DoD)
  • Proficient in regression analysis, confidence intervals, learning curves, and cost estimation techniques
  • Hands-on experience with cost estimating tools such as TruePlanning and Oracle Crystal Ball
  • Strong understanding of FAR/DFARS and related DoD financial regulations
  • Experience in full life-cycle cost assessments and risk-based cost evaluations

Responsibilities

  • Develop cost estimates for F-15 aircraft acquisition programs using various estimating techniques
  • Utilize cost estimating tools for accurate budget assessments
  • Conduct research and analysis for realistic cost estimates
  • Maintain accuracy of data in financial databases and cost estimates
  • Create cost estimates for budgeting submissions and modifications
  • Analyze contractor proposals for reasonableness and compliance
  • Communicate cost-related concerns to government stakeholders

Benefits

  • Onsite work environment at Wright Patterson AFB, Dayton, OH
  • Opportunity to support critical DoD acquisition programs
  • Engagement with advanced cost estimating techniques
  • Collaboration with experienced professionals in the defense contracting field
Full Job Description
Position Summary

Odyssey has an exciting opportunity for a Senior Cost Estimator to support the F-15, at Wright Patterson AFB, OH.  

Responsibilities

Duties include, but not limited to: 

 

• Support development of cost estimates across all phases of F‑15 aircraft acquisition programs, using analogy, grassroots, and parametric estimating techniques. • Use cost estimating tools such as Automated Cost Estimating Integrated Tools, PRICE TruePlanning, Constructive Cost Model, Crystal Ball, AFTOC, and REMIS. • Conduct data research, collection, and analysis to produce realistic cost estimates for budgets, source selections, modifications, and “what‑if” quick‑turn assessments. • Verify accuracy of data inputs in cost estimating systems and assist in maintaining integrity of financial databases, including reconciliation of estimate inputs. • Develop production and modification cost estimates for Program Objective Memorandum, FYDP, President’s Budget, and budget estimate submissions. • Support should‑cost/will‑cost analyses and evaluate the impact of budgets on program cost estimates. • Develop cost estimates and analysis for proposals, ECPs, CCPs, ACSNs, and RTOC efforts, ensuring reasonableness of contractor cost proposals. • Formulate program definitions required for cost estimates, including acquisition strategies, WBSs, assumptions, constraints, and ground rules. • Research historical costs to support cost models and databases and analyze contractor EVM data as needed. • Communicate potential cost issues and concerns to the Government for consideration in acquisition planning and decision‑making.

Qualifications

Minimum Required Qualifications

Citizenship: Must be a US citizen

Clearance: SecretEducation/Years of Experience:

  • Master’s or Doctorate Degree in a related field and 10 years of experience being performed, 5 years of which must be in the DoD.
  • OR bachelor’s degree in a related field and 12 years of experience being performed, 5 of which must be in the DoD.
  • OR, 15 years of directly related experience, 8 of which must be in the DoD.

Technical Skills:

  • Expertise in applying regression analysis, confidence intervals, learning curves, parametric models, analogy-based methods, and grassroots estimating techniques to produce defensible cost estimates.
  • Ability to construct, interpret, and apply WBS/CES frameworks in support of Program Office Estimates (POEs), Independent Government Cost Estimates (IGCEs), and milestone reviews.
  • Hands‑on experience with Automated Cost Estimating Integrated Tools, TruePlanning parametric modeling, COCOMO, Oracle Crystal Ball, and other acquisition-related financial databases.
  • Deep understanding of FAR/DFARS, DoD FMR 7000.14‑R, DAFI/DAFMAN guidance, AFLCMC Standard Cost Process, and MIL‑STD‑881D to ensure compliant cost analysis and documentation.
  • Capability to conduct full life‑cycle cost assessments, CAIV analyses, RTOC studies, “should/will cost” analysis, what‑if scenarios, price reasonableness evaluations, and risk‑based cost assessments.

Additional Information

Location: Wright Patterson AFB, Dayton, OH

Onsite

 

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About Odyssey Systems

Odyssey Systems is an information technology company based in Rockville, Maryland. It was founded in 1997 and provides a range of IT services to government agencies and private sector clients. Odyssey Systems specializes in software development, data analytics, and cybersecurity. The company has a team of over 500 employees and has worked with clients such as the Department of Defense, the Department of Homeland Security, and the National Institutes of Health. Odyssey Systems is committed to providing innovative solutions to its clients and helping them achieve their goals.
Learn more about Odyssey Systems
Size
500 employees
Industry
Founded
1997
Revenue
$100 million

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