Principal Procurement Specialist

About Raytheon

Raytheon is committed to a higher calling – helping our nation and allies defend freedoms and deter aggression. With over 100 years of experience and renowned engineering expertise, Raytheon solves tough, meaningful problems that create a safer, more secure world.

About the Role

Raytheon is seeking an experienced Principal Procurement Specialist to join its Operations and Supply Chain (OSC) organization. This role will serve as the primary point of contact between Raytheon Programs and suppliers for medium and high complexity procurements. You will develop sourcing and negotiation strategies, manage a portfolio of subcontracts and procurement activities, and ensure compliance with FAR, DFARs, and company policies. You will also represent the Supply Chain organization in cross-functional teams and build supplier relationships to align with program execution and business priorities. This role can be filled in various Raytheon hub locations and is a remote, work-from-home position.

What You Will Do

• Develop business partner relationships with suppliers and internal stakeholders.
• Lead procurement activities and manage supplier performance.
• Facilitate supplier interaction and collaboration with internal cross-functional teams for various procurements (build-to-print, performance specifications, SSOWs) of medium/high complexity.
• Participate in capture/proposal efforts, review requirements flow-down, generate RFI/RFQ/RFPs, and lead Best Value Source Selection.
• Perform Price and/or Cost Analysis in compliance with FAR and DFARS.
• Develop negotiation strategies and lead multi-functional teams to negotiate price, schedule, and Terms & Conditions.
• Prepare compliant purchase order documentation per FAR, DFARs, prime flow downs, and company policies.
• Execute and manage various contractual agreements (PIA, Letter Subcontracts, Long Term Agreement, Bailment, etc.).
• Manage post-award PO/Supplier activities to ensure program requirements (quality, schedule, financial) are met.
• Communicate clearly and effectively in a fast-paced environment, demonstrating flexibility, creativity, and agility while ensuring compliance.

Minimal travel may be required.

Qualifications You Must Have

• Bachelor’s degree and a minimum of 5 years of relevant experience, or an Advanced Degree and a minimum of 3 years of experience.
• Experience with DoD procurement/subcontract compliance (FAR/DFARs, ITAR, import/export).
• U.S. Person status (U.S. citizen, permanent resident, refugee, or asylee) or eligibility to obtain necessary export authorizations.

Qualifications We Prefer

• Experience leading formal negotiations (price, schedule, contractual exceptions, Terms and Conditions).
• Experience with NDA/PIAs, RFx, and Purchase Orders.
• Ability to review proposals, analyze cost/price, technical capability, and financial viability.
• Ability to perform duties with minimal oversight in a fast-paced, high-volume environment.
• Strong communication and influencing skills across a matrix organization.
• Experience with SAP and Microsoft Office Suite.
• Experience with various subcontract types (FFP, T&M, CPFF, CPIF).
• Experience reading and understanding drawings, specifications, and complex SOWs.
• Knowledge of EXIM procurements and regulations.
• Experience with import/export regulations (ITAR/EAR).

What We Offer

RTX Corporation values safety, trust, respect, accountability, collaboration, and innovation. As a global leader in Aerospace and Defense, RTX provides advanced systems and services to commercial, military, and government customers worldwide. Benefits may include medical, dental, vision, life insurance, disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Incentive compensation programs may also be available. Key skills/competency:

• Procurement
• Supply Chain
• FAR/DFARS
• Negotiation
• Supplier Management
• Subcontracting
• Proposal Analysis
• Cost Analysis
• ITAR/EAR
• SAP