Develop and apply stochastic cost models and quantitative analyses to evaluate supplier proposals, estimate construction costs from designs, quantify materials/labor/equipment, analyze subcontractor bid realism, perform close-out cost analysis, and coordinate cost constraints with project managers to support risk-informed decision making.
Job Description
BAE Systems is a leading global defense, security, and aerospace company. Our Ordnance Systems is hiring an experienced Construction Cost Engineer to join our team. As a Senior Cost Engineer, you will play an integral role in ensuring the successful modernization our nation's Munitions Industrial Base.
Responsibilities:
Required Education, Experience, & Skills
Preferred Education, Experience, & Skills
Pay Information
Full-Time Salary Range: $122400 - $208080
Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.
About BAE Systems Platforms & Services
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it's what we do at BAE Systems. Working here means using your passion and ingenuity where it counts - defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team-making a big impact on a global scale. At BAE Systems, you'll find a rewarding career that truly makes a difference.
The Platforms & Services (P&S) sector under BAE Systems, Inc does the big stuff: the armored combat vehicles, naval guns, missile launchers, and ship repair...just to name a few. Our employees take pride in the work they do and why they do it. They are on the front lines every day, building our products to protect the lives of those who serve. We may be biased, but we think P&S does some of the coolest work around, and we think you will too.
BAE Systems is a leading global defense, security, and aerospace company. Our Ordnance Systems is hiring an experienced Construction Cost Engineer to join our team. As a Senior Cost Engineer, you will play an integral role in ensuring the successful modernization our nation's Munitions Industrial Base.
Responsibilities:
- Create stochastic modeling and measuring techniques, utilizing mathematics, statistical methods, engineering methods, operational mathematics techniques, and other principles and laws of scientific and economic disciplines to support risk informed rational decision-making for the business unit
- Evaluate supplier proposals for cost and schedule realism using quantitative, stochastic modeling to support risk-informed decision making at the Program Level
- Develop detailed initial cost estimates based on conceptual designs and blueprints
- Perform estimating by quantifying materials, labor, and equipment requirements
- Perform Stochastic analysis of subcontractor bids for realism
- Conduct close-out cost analysis after project completion to improve future estimating accuracy
- Coordinate with project managers to align financial constraints with technical requirements
Required Education, Experience, & Skills
- Bachelor's Degree in Engineering, Construction Management, Architecture, or similar and 10 years work experience or equivalent experience
- Experience in Cost Engineering, Estimation, Controls
- Expert knowledge of Construction Costs and related principles
- Demonstrated ability to create stochastic cost models
- Demonstrated ability to read and understand specifications and drawings
- Strong data analytics and modeling skills
Preferred Education, Experience, & Skills
- Masters Degree in Business, Math, or Operations Research
- AACEI Certified Cost Professional or similar certification
- Experience in Capital Programs or Owner's Representative organization desirable
- Experience in Federal Projects desirable
Pay Information
Full-Time Salary Range: $122400 - $208080
Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.
About BAE Systems Platforms & Services
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it's what we do at BAE Systems. Working here means using your passion and ingenuity where it counts - defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team-making a big impact on a global scale. At BAE Systems, you'll find a rewarding career that truly makes a difference.
The Platforms & Services (P&S) sector under BAE Systems, Inc does the big stuff: the armored combat vehicles, naval guns, missile launchers, and ship repair...just to name a few. Our employees take pride in the work they do and why they do it. They are on the front lines every day, building our products to protect the lives of those who serve. We may be biased, but we think P&S does some of the coolest work around, and we think you will too.
BAE Systems, Inc. Wayne, New Jersey, USA Office
With a focus on communications and electronic warfare products, our New Jersey employees are working on some neat projects in support of our nation’s heroes.
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
