Textron Cost Analysis Engineer in Fort Worth, Texas

Cost Analysis Engineer


The Cost Analysis Engineer will provide cost estimating support, leadership and business analysis to internal stakeholders including management, engineering, programs, purchasing, and proposals from the cost and productivity engineering group. The ideal candidate will conduct cost analyses and help identify cost reduction opportunities throughout the entire product life cycle from concept through development, production, and field operations. This position supports Bell’s Advanced Tiltrotor Systems team, and is based at Bell’s Ft. Worth, TX headquarters facility.

Position Responsibilities:

  • Performing and managing varied simple to complex “should cost” analysis to help manage product cost including preparation of Bottoms-up, Rough Order of Magnitude (RoM) and Parametric cost estimates

  • Supporting cost estimating activities throughout the product life cycle with early focus on supply chain product procurement

  • Supporting Value Engineering events with key suppliers to identify cost savings opportunities

  • Evaluating part manufacturing processes and cost for “should cost” and cost improvement

  • Determining cost targets and cost management rationale for Commodity Procurement

  • Evaluating costs of equivalent supplier products for best value

  • Managing service providers in preparation of should cost analyses

  • Ensuring the Company’s alignment with corporate cost processes

  • Managing component should cost deployment throughout the design and procurement process

  • Monitoring Manufacturing, Procurement and Engineering activities to evaluate risk and progress of cost reduction implementation plans

  • Developing parametric life cycle cost estimates for conceptual and ongoing programs with Company management, functional teams, and customers

  • Using technical and business skills to model costs for the entire project scope using both traditional and parametric estimating techniques and tools

  • Supporting continual improvement of estimating techniques by collecting and normalizing financial and technical data for parametric cost models

  • Conducting CAIV (Cost As an Independent Variable) and DTC (Design to Cost) activities on

government, international and commercial programs

  • Preparing Independent Cost Estimates (ICE) for comparison to bottoms up proposal estimates

  • Preparing business cases for engineering, manufacturing and program initiatives

  • Supporting development programs with cost target development and Life Cycle Cost tracking

  • Developing new standard work and processes to improve cost and best value analyses throughout the product life cycle


Education Requirements:

- Bachelor’s Degree in an Engineering discipline (Mechanical, Aerospace, Industrial, Manufacturing, Systems, etc.). A Business/Economics major with strong experience in statistics and/or mathematical modeling might be considered.

- Master’s Degree in Engineering and/or Business Administration is preferred.

Position Requirements:

  • 5 years of experience in one or more of a wide range of estimating activities that may include engineering, manufacturing, proposals, purchasing, and operations support is preferred.

  • Prior experience working with U.S. government customers is preferred.

  • Specific knowledge of one or more commercial parametric and operations based cost estimating models (PRICE, SEER, Boothroyd, Dewhurst, MTI, aPriori, etc.) is preferred.

  • Manufacturing or Industrial Engineering experience is preferred.

  • Strong writing and presentation skills is required

  • Strong skills in Microsoft Office applications (Word, Excel, Access, PowerPoint, Project, etc.) required.

EEO Statement

Textron is committed to providing Equal Opportunity in Employment, to all applicants and employees regardless of, race, color, religion, gender, age, national origin, military status, veteran status, handicap, physical or mental disability, sexual orientation, gender identity, genetic information or any other characteristic protected by law.

Pay Transparency Policy Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise, have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

Job Engineering

Primary Location US-Texas-Fort Worth

Recruiting Company Bell

Schedule Full-time

Job Level Individual Contributor

Shift First Shift

Req ID: 266074