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Raytheon Technologies Product Cost Lead in Rockford, Illinois

Date Posted:



United States of America


A01: Rockford - Aerospace 4747 Harrison Avenue, Rockford, IL, 61125 USA

We are looking for a Product Cost Lead to support the Power & Controls Team.

This position supports a wide variety of tasks within our Power & Controls Product Cost Group of Collins. Candidate will work with a highly experienced cross functional team of individuals to identify and complete cost reduction projects and business unit critical transitions that have a direct financial impact to the company.

This position will be directly supporting the Cost Management Group. As the Product Cost Lead, the candidate will work with new development programs to track, identify and manage cost reduction opportunities and will work closely with the program office and IPD teams.

Geographical Specification:

  • Position has the ability to work 100% remote

    Primary Responsibilities:

  • Working with Integrated Product Development teams during development

  • Tracking visible cost for the program

  • Leading/participating in cost reduction events

  • Working and tracking actions to closure

  • Identifying opportunities for cost reduction

  • Represent Power & Controls Product Cost Group in management reviews

  • Data analysis and should costing

  • Development of tools to support design and cost reduction activities

This lead position also supports Power & Controls transitions as required. This role provides project management support for execution of product transitions from one manufacturing site to another.

Responsibilities include:

  • Estimating of project costs and development of business cases for transitions

  • Developing of detailed product transition plans

  • Execution of Transition Standard Work

  • Problem resolution

Basic Qualifications:

  • Bachelor’s degree and 5 years of relevant experience OR

  • Advanced Degree in a related field and a minimum of 3 years of relevant experience OR

  • In absence of a degree, 9 years of relevant experience is required

  • Must be a U.S. Citizen

Preferred Qualifications:

  • Degree in Engineering, Operations, Supply Chain or related field

  • Operations, Producibility or Manufacturing Engineering, Mechanical Engineering, Electrical Engineering, Cost Engineering experience

  • Aerospace product experience, Collins Power & Controls product experience preferred

  • Ability to handle multiple projects simultaneously

  • Product cost, cost reduction, standard setting, time & motion setting experience

  • Procurement experience with other technical background/experience

  • Project Management experience

  • SAP or other ERP/MRP system experience

  • Excel Skills with formulas, data manipulation, and VBA or comparable programming language experience

  • Computer/IT experience with relational databases and data mining tools

Collins Aerospace, a Raytheon Technologies company, is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Collins Aerospace has the capabilities, comprehensive portfolio, and expertise to solve customers’ toughest challenges and to meet the demands of a rapidly evolving global market.

We make modern flight possible for millions of travelers and our military every second. Our major product lines are on-board virtually every aircraft flying. Be it keeping passengers safe with our emergency power generation systems or creating a positive in-flight experience through reliable cabin pressure controls and quieter engines, Power & Controls focuses on delivering a best-in-class experience to our customers. We hire the top people in the industry. Their ideas drive our performance, and their integrity keeps our customers happy. Join us as we take flight!

Collins Aerospace Diversity & Inclusion Statement:

Diversity drives innovation; inclusion drives success. We believe a multitude of approaches and ideas enable us to deliver the best results for our workforce, workplace, and customers. We are committed to fostering a culture where all employees can share their passions and ideas so we can tackle the toughest challenges in our industry and pave new paths to limitless possibility.


Some of our competitive benefits package includes:

  • Medical, dental, and vision insurance

  • Three weeks of vacation for newly hired employees

  • Generous 401(k) plan that includes employer matching funds and separate employer retirement contribution, including a Lifetime Income Strategy option

  • Tuition reimbursement

  • Life insurance and disability coverage

  • Optional coverages you can buy: Pet Insurance, Home and Auto, additional life insurance, accident insurance, critical illness insurance, group legal

  • Ovia Health, fertility and family planning

  • Employee Assistance Plan, including up to 5 free counseling sessions

  • Redbrick - Incentives for a Healthy You

  • Autism Benefit

  • Doctor on Demand, virtual doctor visits

  • Adoption Assistance

  • Best Doctors, second opinion program

  • And more!

Nothing matters more to Collins Aerospace than our strong ethical and safety commitments. As such, all U.S. positions require a background check, which may include a drug screen.


  • Background check and drug screen required (every external new hire in the U.S.)

  • Drug Screen only performed on re-hires who have been gone for more than 1 year

At Collins, the paths we pave together lead to limitless possibility. And the bonds we form – with our customers and with each other -- propel us all higher, again and again.

Apply now and be part of the team that’s redefining aerospace, every day.

Raytheon Technologies is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.