Description:By bringing together people that use their passion for purposeful innovation, at Lockheed Martin we keep people safe and solve the worlds 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 emp

Pricing & Cost Estimating Strategy - Intern

Lockheed Martin • 
Owego, New York, United States
Position Type: Internship
Job Description:

Description:By bringing together people that use their passion for purposeful innovation, at Lockheed Martin we keep people safe and solve the worlds 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 development 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. At Lockheed Martin, we place an emphasis on empowering our employees by fostering innovation, integrity, and exemplifying the epitome of corporate responsibility. Your Mission is Ours.

Lockheed Martin Rotary and Mission Systems is seeking a Summer 2024 Pricing & Cost Estimating Strategy Intern. In this role, you will support all phases of the proposal process from Request for Proposal (RFP) through negotiations including: Analysis of the development of proposal plans and schedules, review of the Basis of Estimates (BOE’s), support of the Executive Planning Panel (EPP) reviews and proposal fact finding and negotiations. The Individual will serve as the main financial interface on proposals and act as key staff on proposal teams. The individual will also: ensure all due dates are met; review proposal inputs; document scope changes; coordinate document reviews; work closely with authors in their development of basis of estimates, bill of materials, etc. that meet established proposal quality standards.

The successful candidate will have experience and/or knowledge of research and analyze historical data and develop cost models to support proposal efforts. Report on progress, metrics, and issues for all proposal/RFI efforts to management team. Promote use of standard Estimating tools, processes, and practices within areas of responsibility. Identify productivity initiatives and make sound recommendations to improve proposal processes.

This position also requires the ability to communicate effectively within proposal teams as well as the ability to implement process improvements while performing other related duties and assigned tasks.
Basic Qualifications:
- Actively enrolled in a Bachelors or Masters degree in Business, Finance, Economics, Accounting, Management, or other related discipline from an accredited college/university.
- Strong presentation skills
- Strong communication skills
- Strong analytical skills.
- The individual will need to be able to work as part of an integrated team as well as independently.
- Able to use Microsoft Office Products
Desired Skills:
- Ability to summarize complex data to influence executive decision making.
- Familiarity with financial statement & business case analysis
- Ability to developing and delivering presentations
- Team player; Strong interpersonal and communication skills
- Proficient in Microsoft Office applications including Word, Excel, Access, and PowerPoint
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: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
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: 4x10 hour day, 3 days off per week
Pay Rate:
The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, or Washington is $20,904 - $61,672 . 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, candidates 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.
Pay Rate:
The annual base salary range for this position in most major metropolitan areas in California and New York is $24,024 - $67,288. 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.
Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
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.
Join us at Lockheed Martin, where your mission is ours. Our customers tackle the hardest missions. Those that demand extraordinary amounts of courage, resilience and precision. They’re dangerous. Critical. Sometimes they even provide an opportunity to change the world and save lives. Those are the missions we care about.

As a leading technology innovation company, Lockheed Martin’s vast team works with partners around the world to bring proven performance to our customers’ toughest challenges. Lockheed Martin has employees based in many states throughout the U.S., and Internationally, with business locations in many nations and territories.
Experience Level: Co-op/Summer Intern
Business Unit: RMS
Relocation Available: Possible
Career Area: Finance
Type: Part-Time
Shift: First

- Ability to summarize complex data to influence executive decision making.
- Familiarity with financial statement & business case analysis
- Ability to developing and delivering presentations
- Team player; Strong interpersonal and communication skills
- Proficient in Microsoft Office applications including Word, Excel, Access, and PowerPoint
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