Sr Principal Cost Estimating Analyst

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history. Put your skills to the test by pushing the boundaries of what’s possible. From global defense to sustainment and modernization to mission readiness, your experience and ability will make it a reality. Our programs are built on equal parts of curiosity and collaboration. Our combined effort means our customers can connect and defend millions of people around the world. With Northrop Grumman, you’ll have the opportunity to be an essential part of projects that will define your career, now and in the future. Northrop Grumman Defense Systems (NGDS) Sector is seeking a Sr Principal Cost Analyst to join our growing team of qualified individuals to support the Advanced Weapons (AW) Business Unit either on-site in Northridge, California or full time onsite at a NG location. The position requires US Citizenship and the ability to obtain a Secret clearance. Role Description: In this role, the Cost Analyst position is a unique specialty opportunity to work closely with all technical aspects and requirements of the program, linking technical solution to the cost solution. They are responsible for Life Cycle Cost (LCC) model development & maturation, working with various Engineering, PMOs, and Integration IPT for Advanced Weapons and Systems providing detailed cost estimates. They will lead trade studies, supporting technology development & risk assessments, enhancing affordability opportunities, as well as assisting business case and contract capture activities. The position requires an understanding of at least two of the following analyses: Cost-Effectiveness, Life Cycle Cost (LCC), Cost As an Independent Variable (CAIV), Design to Cost (DTC), and Cost Reduction Initiatives (CRI). The qualified candidate will be required to work in a team environment and under a minimum level of guidance and direction. Key Responsibilities: Create and/or update Life Cycle Cost (LCC) model(s) to evaluate labor and material pricing. Maintain and update escalation tables in accordance with latest economic forecasts, and compare to actual internal escalation rates. Analyze and update rate and learning curves for different labor and material elements. Document and effectively communicate cost model assumptions, results, and instructions guides. Solicit, track, and manage CRI efforts from concept to completion. Interface with multiple functions, all levels of management, and external customer. Analyze external customers’ cost model vs internal model(s), identify disconnects, and make recommended updates as needed.