Product Cost Engineering Jobs in Iowa (NOW HIRING)

Date Posted:
2026-08-24
Country:
United States of America
Location:
US-IA-CEDAR RAPIDS-121 ~ 350 Collins Rd NE ~ BLDG 121
Position Role Type:
Onsite
U.S. Citizen, U.S. Person, or Immigration Status Requirements:
U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.
Security Clearance Type:
None/Not Required
Security Clearance Status:
Not Required
At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world's most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.
Collins Aerospace is a leader in technologically advanced, intelligent solutions that help redefine the aerospace and defense industry. With a comprehensive portfolio and deep technical expertise, we help customers meet the demands of the global market. Join us and help shape the future of aerospace and defense.
We are seeking a product cost manager who will be responsible for tracking, and driving key Avionics Supply Chain cost management initiatives and contract coverage (PAC) objectives. This requires close collaboration with the central commodity teams, internal stakeholders, finance, and other supporting functions to understand the overall cost and PAC project plans and to help identify opportunities to meet our supply chain objectives This role will also support strategic supply chain initiatives within the Avionics Strategic Business Unit (SBU), including special sourcing activities, expiring contract deep-dive analysis, and SBU specific long-term agreement projects. It is essential to have strong supply chain experience, the ability to analyze data, drive accountability, and communicate the gaps to key stakeholders and leadership.
This is a hybrid role in Cedar Rapids, IA, typically working 2-4 days onsite.
This role may be eligible for relocation.
Travel Required: 15%
What You Will Do

• Collaborate with central commodity teams to drive cost reduction goals aligned with overall commodity and business unit strategies and achieve cost objectives
• Analyze, identify, and communicate risk and opportunities to long term agreement goals, including expiring contracts
• Team with supply chain to understand and track direct supply chain savings and PAC for the Avionics business unit.
• Prepare and present metric status and performance for Supply Chain leadership.
• Drive recovery plans for cost and PAC with commodity teams
• Collaborates with Collins organizations (i.e. contracts, procurement, quality, value stream, etc.) execute Supply Chain strategies
• Manage several projects at one time, strong project management skills
• Ability to dive into the detail and be hands on to bridge gaps where the teams need assistance

Qualifications You Must Have

• Typically requires a University Degree and minimum 8 years prior relevant experience or an Advanced Degree in a related field and minimum 5 years of experience

Qualifications We Prefer

• Experience in Supply Chain
• Experience with cost out initiatives
• Experience utilizing an MRP or ERP system such as SAP or Oracle
• Ability to read engineering drawings
• Strong Analytical skills (Excel, Access database, SAP, PowerPoint)
• technical or manufacturing aptitude
• Experience with negotiations

Additional Skills We Value

• Demonstrated ability to achieve results through influence in a cross functional engagement
• Ability to remain self-driven and highly motivated in a fast-paced environment with minimal supervision
• Ability to clearly communicate to different levels of leadership

What We Offer
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 program
• Student Loan Repayment Program
• Life insurance and disability coverage
• Optional coverages you can buy pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protection
• Birth, adoption, parental leave benefits
• Ovia Health, fertility, and family planning
• Adoption Assistance
• Autism Benefit
• Employee Assistance Plan, including up to 10 free counseling sessions
• Healthy You Incentives, wellness rewards program
• Doctor on Demand, virtual doctor visits
• Bright Horizons, child and elder care services
• Teladoc Medical Experts, second opinion program
• And more!

Learn More & Apply Now!
Do you want to be a part of something bigger? A team whose impact stretches across the world, and even beyond? At Collins Aerospace, our Mission Systems team helps civilian, military and government customers complete their most complex missions - whatever and wherever they may be. Our customers depend on us for intelligent and secure communications, missionized systems for specialized aircraft and spacecraft and collaborative space solutions. By joining our team, you'll have your own critical part to play in ensuring our customer succeeds today while anticipating their needs for tomorrow. Are you up for the challenge? Join our mission today.
The next chapter of our future as an aerospace company is here, and we are excited about what this means for our employees and customers! Get onboard the Collins Aerospace Operations team and play a part in managing our innovative products from inception to delivery. The Operations team continues to grow and aims to strengthen the connection of Manufacturing Operations, Supply Chain and Environment, Health & Safety (EH&S) across Collins Aerospace. In this dynamic environment, you will have the opportunity to network across our businesses and functions, all while improving the productivity, quality and efficiency of our operations worldwide.
*Please ensure the role type (defined below) is appropriate for your needs before applying to this role.
Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader.
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.
As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.
The salary range for this role is 107,500 USD - 204,500 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate's work experience, location, education/training, and key skills.
Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company's performance.
This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.
RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.
RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans' Readjustment Assistance Act.
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