1

Cost Estimating Analyst Jobs (NOW HIRING)

In this role, you will analyze technical drawings, BOMs, and customer specifications to develop ... cost estimates * Analyze BOMs and apply formulas to determine labor hours and material costs

Conducting cost analyses and cost estimating in support of Life Cycle Cost Estimates, Analyses of Alternatives (AoA), Business Case Analyses (BCAs), and trade studies * Developing cost models and ...

Cost Estimating Process * Develop, maintain, update, and deliver fully documented and well ... Analyze all elements affecting costs for a project of limited scope * Implement processes and logic ...

Analyze project specifications, drawings, and requirements to develop detailed cost breakdowns. * Collaborate closely with design, procurement, sales, and operations to align estimating practices ...

Track, manage, and analyze change orders in conjunction with other program costs such as budgets ... Preparation of cost estimates for modifications / change orders; collaboration with the cost ...

Track, manage, and analyze change orders in conjunction with other program costs such as budgets ... Preparation of cost estimates for modifications / change orders; collaboration with the cost ...

Senior Cost Analyst

Arlington, VA · On-site

$96K - $121K/yr

Cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis, cost estimating relationship and model development, cost risk analysis, project ...

next page

Showing results 1-20

Cost Estimating Analyst information

See salary details

$37K

$86.3K

$127.5K

How much do cost estimating analyst jobs pay per year?

As of Jun 11, 2026, the average yearly pay for cost estimating analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Cost Estimating Analyst, and why are they important?

To thrive as a Cost Estimating Analyst, you need strong analytical abilities, proficiency in mathematics, and typically a degree in finance, engineering, or a related field. Familiarity with cost estimation software such as ProEst, RSMeans, or SAP, as well as advanced Excel skills, is highly valued, and certifications like AACE's Certified Cost Professional (CCP) can be beneficial. Excellent attention to detail, problem-solving skills, and clear communication are essential soft skills for collaborating with project teams and presenting findings. These competencies ensure accurate cost projections, informed decision-making, and support the financial success of projects.

How much do cost estimators make in the US?

Cost estimating analysts in the US typically earn a median annual salary of around $65,000 to $75,000, with experienced professionals earning over $100,000. Salaries vary based on industry, location, experience, and certifications such as the Certified Professional Estimator (CPE).

What is a Cost Estimating Analyst?

A Cost Estimating Analyst is a professional who evaluates and predicts the expenses associated with projects, products, or services. They analyze data, review project specifications, and use specialized software to estimate costs for materials, labor, and other resources. Their work helps organizations plan budgets, make informed decisions, and ensure projects stay within financial limits. Cost Estimating Analysts are commonly employed in industries such as construction, manufacturing, engineering, and government contracting.

What's the average salary of an estimator?

The average salary of a cost estimating analyst typically ranges from $60,000 to $80,000 annually, depending on experience, industry, and location. Professionals with certifications like AACE or those skilled in estimating software may earn higher salaries. Entry-level positions generally start lower, while experienced analysts can earn over $100,000.

What are some common challenges faced by Cost Estimating Analysts when working on large-scale projects?

Cost Estimating Analysts often encounter challenges such as managing incomplete or evolving project specifications, coordinating input from multiple departments, and adjusting estimates in response to unexpected changes in scope or market conditions. Working on large projects typically requires balancing accuracy with tight deadlines, ensuring estimates are both reliable and timely. Collaboration with engineers, project managers, and procurement specialists is essential, and strong communication skills help bridge gaps and clarify assumptions, which minimizes the risk of cost overruns.

How much does a cost analyst make in the US?

A cost estimating analyst in the US typically earns between $60,000 and $90,000 annually, depending on experience, education, and location. Entry-level positions may start around $50,000, while experienced analysts with certifications can earn over $100,000. Strong skills in data analysis and familiarity with cost estimation tools are often required.

What is the difference between Cost Estimating Analyst vs Cost Estimator?

AspectCost Estimating AnalystCost Estimator
CredentialsBachelor's degree in finance, engineering, or related field; certifications like AACE Certified Estimating ProfessionalBachelor's degree often preferred; certifications like AACE or CPC are common
Work EnvironmentCorporate offices, government agencies, or consulting firmsConstruction sites, manufacturing plants, or project offices
Industry UsageUsed across government, aerospace, and large-scale industrial projectsPrimarily in construction, manufacturing, and infrastructure projects

The main difference is that a Cost Estimating Analyst typically works in a more analytical, data-driven role within organizations, focusing on detailed cost analysis and forecasting. In contrast, a Cost Estimator often works directly on project sites or in construction environments, preparing initial cost estimates for projects. Both roles require similar credentials and certifications but differ mainly in their work setting and specific responsibilities.

Is a cost estimator a good career?

A cost estimating analyst is a valuable role in industries like construction, manufacturing, and engineering, where accurate cost projections are essential. The job typically requires strong analytical skills, attention to detail, and proficiency with estimating software. It can offer stable employment and opportunities for advancement with relevant certifications and experience.
More about Cost Estimating Analyst jobs
What are the most commonly searched types of Cost Estimating Analyst jobs? The most popular types of Cost Estimating Analyst jobs are:
What job categories do people searching Cost Estimating Analyst jobs look for? The top searched job categories for Cost Estimating Analyst jobs are:
Infographic showing various Cost Estimating Analyst job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 98% Full Time, and 1% Temporary. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.
Cost Estimating Analyst - Level 3 or 4

Cost Estimating Analyst - Level 3 or 4

Northrop Grumman Corporation

Dulles, VA • On-site, Remote

Full-time

Medical, Life, PTO

Posted 7 days ago


Northrop Grumman rating

8.1

Company rating: 8.1 out of 10

Based on 338 frontline employees who took The Breakroom Quiz

106th of 518 rated manufacturers


Job description

RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE REQUIRED FOR START: NoCLEARANCE TYPE: Top SecretTRAVEL: Yes, 10% of the TimeDescriptionAt 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.

Embark on a career putting innovative, reliable, and agile products and ideas into orbit, and beyond. Northrop Grumman has opportunities waiting for you that play a vital role in human space exploration, national defense, and scientific discovery, supporting multiple programs across the universe. With us, you'll discover a culture of curiosity and collaboration that will have you Defining Possible from the day you start. Our space systems connect and protect millions of people on earth every day, now and for the future. Explore your future and launch your career today.

Are you interested in expanding your career through experience and exposure, all while supporting a mission that seeks to ensure the security of our nation and its allies? If so, then Northrop Grumman Space Sector is the place for you. With us, you'll discover a culture of curiosity and collaboration that will have you Defining Possible from the day you start. Northrop Grumman is currently seeking a Cost Estimating Analyst - Level 3 or 4 to join our team in support of multiple programs across the Space Sector. This role can be located in any one of the following locations: Gilbert AZ; Aurora CO; Baltimore MD; Huntsville AL; or, Dulles VA. We will also consider a remote scenario for this role.

This position can be filled at either Level 3 or 4.

Role and Impact:

  • Interpret customer requirements from RFPs and other solicitations.
  • Collect and consolidate cost, schedule, and performance data from functional departments for material and subcontractor items.
  • Select appropriate pricing methods (e.g., purchaseorder history, actuals, quotes) for each proposal item.
  • Apply escalation, quantityvariance, and extendedcost factors to required quantities.
  • Produce consolidated Bills of Material (BOM) to support price and cost analysis.
  • Participate in pricing reviews with management and customer representatives.
  • Perform data collection, normalization, and analysis across multiple proposals concurrently.
  • Support audits, negotiations, and certifications while ensuring TINA compliance throughout the proposal process.
  • Identify and evaluate risk in BOM cost estimates, terms & conditions, and other businessmanagement functions.
  • Drive pricing/estimating improvements by contributing to new processes, tools.
  • Other duties as assigned.

If this job description reads like it was written specifically for you, consider joining our team!

Basic Qualifications:

  • Level 3: Bachelor's degree in Economics, Mathematics, Business, Finance, Operations Analysis, Engineering or a related field with 5+ years of relevant professional experience - OR - Master's degree in Economics, Mathematics, Business, Finance, Operations Analysis, Engineering or a related field with 3+ years of relevant professional experience.
  • Level 4: Bachelor's degree in Economics, Mathematics, Business, Finance, Operations Analysis, Engineering or a related field with 8+ years of relevant professional experience - OR - Master's degree in Economics, Mathematics, Business, Finance, Operations Analysis, Engineering or a related field with 6+ years of relevant professional experience.
  • Will consider an additional 4+ years of experience in lieu of degree.
  • Proven businessmanagement and labor/nonlabor costestimating experience.
  • Strong analytical and problemsolving skills; ability to make actionable recommendations.
  • Advanced Excel (including data transformation & normalization).
  • Experience leading projects and/or managing others.
  • Ability to communicate cost issues and risks to senior leadership clearly.
  • Working knowledge of government and commercial contracting/subcontracting.
  • Excellent written and verbal communication for informing, presenting, negotiating, and problemsolving.
  • Ability to maintain independence while conducting analyses.
  • Must have the ability to obtain and maintain a U.S. Government Top-Secret security clearance.

Preferred Qualifications:

  • Familiarity with NorthropGrumman Space Systems portfolio (past and present).
  • Aerospaceindustry experience.
  • Knowledge of FAR and DFAR.
  • Proposal experience within government contracting.
  • Broad knowledge of costestimating methodologies; capable of implementing, modeling, and training others.
  • Practical experience with Artificial Intelligence.

You'll be a great fit if you are:

  • Proactive, thorough, and eager to develop new ideas.
  • Comfortable working autonomously in dynamic, highpressure environments.
  • Able to support complex operations while collaborating with multiple stakeholders.
  • Selfstarter with strong attention to detail.
  • Teamoriented, willing to contribute actively to crossfunctional groups.

About Space Sector: We are an industry-leading provider for prime satellite and payload capabilities and directed energy and electronics solutions for national security, military, and civil customers.

Curious about all the exciting developments with the Northrop Grumman Space Sector? Click the link below: https://www.northropgrumman.com/space

Primary Level Salary Range: $81,400.00 - $141,200.00Secondary Level Salary Range: $101,400.00 - $176,300.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

What Northrop Grumman employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Northrop Grumman logo

About Northrop Grumman

Sourced by ZipRecruiter

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.

Industry

Space research administration

Company size

10,000+ Employees

Headquarters location

Falls Church, VA, US

Year founded

1939