Pricing & Cost Estimating Strategy Intern

Job Description

COVID-19 continues to significantly impact our employees, families and communities. With employee health and safety as our top priority, and as a federal contractor, Lockheed Martin is taking action to address the increased risk and uncertainty COVID variants pose in the workplace and ensuring we meet our commitments to national security.
To uphold safety for all employees, we will continue to request vaccination status for all Lockheed Martin employees including new hires. All current and newly hired employees who are unvaccinated will be required to adhere to onsite safety protocols.
Description:At Lockheed Martin Rotary and Mission Systems (RMS), we are driven by innovation and integrity. We believe that by applying the highest standards of business ethics and visionary thinking, everything is within our reach – and yours as a Lockheed Martin employee. Lockheed Martin values your skills, training and education. Come and experience your future!
This position 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.
As required, the individual will 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.
Additional activities may also include:
• SME for foreign currency, financial instruments, etc.
• Supporting DCAA Audit activities
• Negotiation Support and liaison to SLT during the negotiation process
• Perform Strategic Analysis
Basic Qualifications:
- 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
-Must have the ability to obtain and maintain a Secret security clearance.
Desired Skills:
- A cumulative GPA of 2.5 or higher is preferred but not required.
- Ability to summarize complex data to influence executive decision making.
- Knowledge of International and government contract execution / FAR requirements.
- Clear understanding of estimating compliance (internal and government), experience supporting proposals, and experience negotiating proposals.