Principal Procurement Specialist - ONSITE-2

Raytheon Procurement Role

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling to help our nation and allies defend freedoms and deter aggression. We bring 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. Our team solves tough, meaningful problems that create a safer, more secure world.

Raytheon Operation & Supply Chain (OSC) offers an excellent opportunity to join our diverse, energetic, and collaborative environment in support of the dynamic and growth-oriented Procurement department for Naval Power (NP) procurement team. In this role, you will foster relationship with suppliers, administer subcontracts in a fashion consistent with integrated supply chain models, recognizing the role and value of each participant through the acquisition life cycle from requirements generation through product delivery, product support, and payment for products and services. You will engage in supplier performance, relationship management, strategic sourcing as well as facilitate complex business agreements in support of the various contracts.

What You Will Do:

• Preparation and issuance of RFP's
• Perform price and cost analysis techniques in support of proposals
• Develop negotiation strategies and lead formal negotiations (Price, Delivery, scope, Terms & Conditions)
• Place subcontracts/purchase orders of medium complexity in accordance with all regulatory (FAR/DFAR) and corporate compliance requirements for various complex subcontract (Cost Type, Incentive Type, Firm Fixed, etc.).
• Place OTA, WFPP, CRADA, bailment, and other unique procurement.
• Nurture professional business relationships with first tier subcontractors
• Work closely with the Program and other functional groups (Operations, Quality, Engineering, Program Management, etc) to achieve objectives
• Develop plans to promote cost reduction initiatives and performance improvements (technical and quality) in support of flawless supplier execution for programs
• Able to support travel as needed (up to 15%)

Qualifications You Must Have:

• Typically requires a Bachelor's and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years' experience.
• Experience in Supply chain, Procurement, Finance or Contracts.
• U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required.

Qualifications We Prefer:

• Masters' degree in supply chain, business, engineering or related field
• Experience in working with development type of procurement and major subcontracts
• SAP based environment experience
• Experience with technical requirements of procured hardware and services including Statement of Work (SOW) review
• Familiarity with the International Traffic in Arms Regulations (ITAR)
• Demonstrated knowledge / compliance with Federal Acquisition Regulations (FAR/DFARS)
• Experience in written contractual authorization/vehicles (Cost Plus, Firm Fixed Price etc.)
• Assess proposal compliance (FAR 15.4)

What We Offer:

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

RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA.

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 86,800 USD - 165,200 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.