Affordability Cost Modeler Engineer

Date Posted:

2026-07-23



Country:

United States of America



Location:

US-AZ-TUCSON-800 ~ 1151 E Hermans Rd ~ BLDG 800



Position Role Type:

Onsite



U.S. Citizen, U.S. Person, or Immigration Status Requirements:

The ability to obtain and maintain a U.S. government issued security clearance is required.​ U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance



Security Clearance Type:

DoD Clearance: Top Secret



Security Clearance Status:

Active and existing security clearance required after day 1

At RTX, the world largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.

Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms, and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense.

Raytheon’s Strategy & Technology Center is seeking an Affordability Cost Modeler to develop, execute, and maintain cost models that assess system affordability across the product lifecycle. The role collaborates with engineering, operations, supply chain, and affordability teams to identify cost drivers and generate accurate model inputs. Although not client-facing, the position ensures internal program teams have reliable, traceable cost data to support lifecycle management milestones and affordability commitments. Overall, the Cost Modeler integrates technical, design, manufacturing, supplier, and sustainment factors into a unified cost framework that supports informed, data‑driven decision making.

This is an onsite role located in Tucson, AZ.

What You Will Do

• Support the development and execution of cost models for development, production, and sustainment forecasting.
• Populate cost model inputs using validated engineering, operations, supplier, and financial data.
• Identify key cost drivers and evaluate how technical or manufacturing decisions influence cost outcomes.
• Contribute to analyses for Design‑to‑Cost (DTC), Cost‑as‑an‑Independent‑Variable (CAIV), and lifecycle cost modeling (LCC/TOC).
• Apply basic statistical methods such as trend analysis, simple regression, and variance analysis to assess cost behavior.
• Perform sensitivity analyses related to quantity, production rate, design changes, and supplier variations.
• Maintain traceable data, assumptions logs, and documentation to support model credibility.
• Support Business Case Analyses (BCA’s) and evaluations of cost‑reduction opportunity (CRO).
• Collaborate with Affordability Leads and senior Modelers to align cost modeling with program requirements and RLPM needs.
• Update cost models as new data becomes available to ensure accuracy and relevance.

Qualifications You Must Have

• Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) a minimum of 2 years prior relevant experience.  
• Experience in engineering, manufacturing, and/or supply-chain environments or concepts.
• Experience with analysis in at least one of the following: cost modeling, economics, statistics, and/or quantitative data interpretation.

Qualifications We Prefer

• Active and transferrable Top Secret security clearance.
• Degree or advanced degree in Mathematics, Data Analytics, Economics, Industrial Engineering, Operations Research, Business Analytics, or a related analytical field
• Exposure to cost analysis, operations research, engineering economics, or related disciplines.
• Experience with data analysis tools such as Python, R, MATLAB, Tableau, or Power BI.
• Proficiency with Microsoft Excel (pivot tables, formulas, charts).
• Ability to communicate technical and cost concepts clearly to internal teammates.
• Strong organizational skills and attention to detail in documenting assumptions and processes.

What We Offer 

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

• Relocation Eligible – Relocation assistance is available.

Learn More & Apply Now! 

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

• Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to the development of our products.  
• This position requires a security clearance. DCSA Consolidated Adjudication Services (DCSA CAS), an agency of the Department of Defense, handles and adjudicates the security clearance process. More information about Security Clearances can be found on the US Department of State government website here: https://www.state.gov/m/ds/clearances/c10978.htm   

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 68,900 USD - 131,100 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.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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