Cost Engineer & Data Analyst

Job ID: 721611BR Date posted: Mar. 20, 2026
Description:Space is a critical domain, connecting our technologies, our security and our humanity. While others view space as a destination, we see it as a realm of possibilities, where we can do more— we can innovate, invest, inspire and integrate our capabilities to transform the future. At Lockheed Martin Space, we aim to harness the full potential of space to cultivate innovation, reduce costs, and push the boundaries of what technology can achieve. We’re creating future-ready solutions, focusing on resiliency and urgency through our 21st Century Security® vision. We’re erasing boundaries and forming partnerships across industries and around the world. We’re advancing spacecraft and the workforce to fuel the next generation. And we’re reimagining how space can connect us, ensuring security and prosperity. Join us in shaping a new era in space and find a career that's built for you.

The Predictive Analytics and Cost Engineering (PACE) team is a data science and analytics team that combines technical engineering attributes and financial information to create data-driven cost estimates for program capture and support. The PACE team collects, normalizes and maps data to a standard work breakdown structure (WBS) to perform data analytics for internal and external customer support and deliverables. As part of the Finance and Business Operations (F&BO) organization, this team also works closely with Engineering and Technology (E&T), Strategy and Business Development (S&BD), Program/Proposal Management and Leads, Executive leadership and external customers.

This role will include technical data collection, running cost models for captures across Space, dashboard building/automation, and communicating results to stakeholders. Additionally, the role may include developing affordability business cases, cost target allocation, and CI/PTW & ICE collaboration. The candidate selected will be asked to ingest data into a variety of models, interpret those results, perform decision analysis, and communicate findings with technical/programmatic colleagues and decision makers.

In this position, you will:
• Understand and implement proven cost models on relevant captures.
• Perform cross-checks for program estimates.
• Develop and deploy dashboards leveraged by the team.
• Develop and present results to colleagues and senior staff.
• Coordinate with Engineering, Business Development, Program Finance, Estimating, Proposal Management, and ICE around model results.
• Become knowledgeable and available to answer questions around cost estimates and cost drivers.
• Work shoulder to shoulder with data science analysts building and enhancing tools/capabilities for efficiency and effectiveness.
• Have opportunities to grow/upskill in data science disciplines and technical abilities.
Basic Qualifications:
• Ability to obtain TS or TS/SCI security clearance
• Bachelor's or Master's degree in Engineering, Finance, Math, Operations Research, or any other related field or equivalent years of experience in lieu of degree
• Strong communication and interpersonal skills
• Highly detail-oriented with ability to balance multiple tasks at once
• High degree of accountability and responsibility with the ability to be a self-starter
• Experience with Microsoft Office applications especially Excel or PowerPoint
• Experience with and understanding of one or more of the following: cost models, data collection, data analytics, systems engineering and/or finance or anything else related
Desired Skills:
• Active TS or TS/SCI security clearance desired
• Experience with Data Visualization tools such as Tableau, PowerBI, or Alteryx
• Experience with Visual Basic for Applications (VBA)
• Technical degree with business acumen – able to interpret cost and technical data, recognize their interdependencies, and apply them in forecasting models.
• Knowledge of financial systems, analysis, statistics, etc.
• Experience working within the space systems industry
• Ability to communicate technically oriented material to broader team
• Familiarity with proposal development and/or the government acquisition process
• Strong team collaboration and leadership skills
• 2+ years of relevant experience
Clearance Level: None
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Onsite Full-time: The work associated with this position will be performed onsite at a designated Lockheed Martin facility.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 9x80 every other Friday off
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $70,100 - $123,625. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $80,600 - $139,840. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.

With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.

If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Experienced Professional
Business Unit: SPACE
Relocation Available: Possible
Career Area: Data Science
Type: Full-Time
Shift: First