Project Engineer Stf - E4
Sunnyvale, CAFull-time$131–244K/yrSeen todaySeen in employer's feed today
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At a glance
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Requirements
Credentials this posting asks for.
Job overview
Lockheed Martin seeks a Project Engineer and Cost Account Manager to support the THAAD program’s missile hardware development and production projects. The role works with cross-functional engineering teams on cost, schedule, and technical scope, including planning, performance tracking, forecasting, variance analysis, and corrective actions. The position is based full-time in the Sunnyvale office and does not support teleworking.
Skills & qualifications
Skills
Qualifications
Benefits
Full job description
Standard Job Description
We are looking for a creative Project Engineer and Cost Account Manager (CAM) to join an exciting and dynamic team in designing, developing, testing, and troubleshooting complex next generation equipment for Missile Defense applications.
Location: This position does not support teleworking. You will need to live near our Lockheed Martin Space facility in Sunnyvale, CA and be expected to work a flexible 9x80 schedule in the office full-time.
What does this role look like?
The Missile Defense industry has experiencing significant growth, and we need your expertise to deliver amazing new technologies to our customers. This CAM position supports the Terminal High Altitude Area Defense (THAAD) program. You will support several Missile Hardware Development and Production projects as the Cost Account Manager. Projects include a wide array of technologies including Electronics, Mechanical Design, Propulsion, Ordnance as well as Hardware Performance Analysis. You will work with a dynamic cross functional team of engineers who support a wide array of next generation development across the THAAD portfolio in a fast‑paced, mission‑oriented environment.
Key activities you will execute and accomplish in this role:
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Understand authorized scope, WBS/OBS, work packages and planning packages
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Draft and Update WAD language to represent the SOW and BOE so that anyone reading the WAD understands the scope at a control account level.
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Maintain a credible time-phased budget aligned to the plan
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Seek justifiable MR upon identifying risk to your CA
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Ensure IMS progress/status is captured on time with detailed slip justifications
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Accurate and detailed IMS statusing is provided to planners
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Provide detailed SRB inputs (what is changing, why is it changing, who have I impacted downstream, what mitigation have I inputted)
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Knowledge of performance (XY, % Complete, story points for QBD accuracy)
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Owns ETC/EAC assumptions and changes
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Schedules the ETC meetings
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Performs the updates while providing engineering leads with all available data to accurately determine headcount
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Analyzes impacts live to have detailed justification for EAC impacts
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Provides on time inputs to finance to allow for refinement
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Manages ETC for accuracy (not pulling or pushing to the back end of a CA)
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Understand actuals and the resources charging as well as material/labor drivers
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Evaluates actuals on a weekly basis for accuracy
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Provides detailed inputs to finance on charge number creating and closure
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Maintain accuracy on open CNs
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Explain cost/schedule variance with root cause and quantified impact
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Input revisions based on redlines/feedback
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Draft and Submit into MFC VARs and/or eVARs
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Identify corrective actions, risks, opportunities and decision needs
To be effective in this role, you will need:
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5+ years professional experience, previous CAM experience preferred
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Must have an active DoD Secret clearance, thus you are a US Citizen.
Coordinates planning, organization, control, integration and completion of engineering projects within area of assigned responsibility. Plans and formulates engineering program; reviews product design for compliance with engineering principles, company standards, customer contract requirements, and related specifications. Evaluates and approves design changes, specification and drawing releases. Coordinates activities concerned with technical developments, scheduling, and resolving engineering design and test problems.
Basic Qualifications
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Bachelor's degree from an accredited college or equivalent experience/combined education.
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Currently active Cost Account Manager (CAM) certification or prior CAM experience
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Experience leading projects, teams, and development efforts.
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Experience with product life cycle (development, deployment, retirement).
Desired Skills
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Experience in project management principles (Cost/Schedule/Technical)
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Demonstrated ability to work with technical leads to manage cost, schedule, and technical scope.
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Demonstrated behaviors of a systems thinker; selects and applies appropriate systems thinking skills to solve very sophisticated problems and implement constructive change.
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Experience using JIRA or Version 1 or similar tools for project planning and tracking.
Pay Information
Full-Time Salary Range: $131100.00 - $243500.00
At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.
The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.
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Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
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For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
How this job compares
Set against the 5,215 open Project Engineer jobs on Olive Jobs, counted November 5, 2026.
- Pay
- This posting$131–244K/yr
- California median$106–152K/yr324 salary ranges
- US median$96–144K/yr2,757 salary ranges
This range's midpoint, $187K, is 44% above the California median midpoint ($131K) — in the top quarter of Project Engineer salary ranges in California.
- Openings
- Olive Jobs lists 411 open Project Engineer jobs in California and 5,215 across the US. 3% of them nationwide are listed as remote or flexible.
- Hiring the most in California
- Kiewit24 open
- Essel21 open
- General Atomics21 open
- Experience
- This posting asks for at least 5 years of experience; Project Engineer postings that state a minimum ask for 5 years at the median (4,032 postings).
- Education
- 3,177 of the 5,215 open Project Engineer jobs (61%) ask for a bachelor's degree or higher.
Counted across the open, public US postings on Olive Jobs on November 5, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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