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Acquisition Price-Cost Estimator SME

Modern Technology Solutions, Inc.
401(k)
Nov 06, 2025
MTSI is seeking a Price/Cost Estimator SME at Wright-Patterson AFB, Ohio. The successful candidate will provide acquisition pricing and cost estimating support for new and ongoing projects being executed by our customers. The successful candidate must be proficient in a full range of contract price/cost analysis functions on complex, high-dollar cases, including initiatives equivalent to ACAT I, IA, and II programs. The Price/Cost Estimator will be responsible for pre-award and post-award functions involving highly complex and specialized procurements and life cycle costing of significant importance to the U.S. Air Force. The Price/Cost Estimator will also provide comprehensive cost estimating services, including but not limited to data collection and analysis, cost model development, estimate preparation/documentation, and presentation of findings. A warrant is not required for this position.
Responsibilities:
*Gather and analyze historical cost data, technical specifications, and engineering drawings, vendor quotes, and other relevant information to develop accurate cost estimates.
*Identify and assess risks and uncertainties that may impact project costs.
*Develop and maintain cost models using various techniques, such as parametric estimating, analogous estimating, and bottom-up estimating.
*Ensure cost-models are accurate, reliable, and compliant with industry's best practices and organizational standards.
*Prepare detailed cost estimates for all phases of projects, including planning, design, construction, and operation.
*Develop cost breakdowns that clearly identify all cost elements, assumptions, and uncertainties
*Develop and maintain a basis of estimate (BOE) document that supports all cost estimates.
*Analyze and evaluate cost and pricing data to determine reasonableness for major acquisitions with limited precedent data available.
*Review requisition packages for adequacy and compliance with administrative, regulatory and procedural requirements and consistency with current market practices and conditions.
*Support PCO and IPT during negotiations with contractors and function as the Pricer/Cost Estimator SME throughout the acquisition process.
*Support negotiations and assist in preparing contract modifications and supporting documents for all contract actions.
*Draft contract documentation and supporting documents for all contract actions.
*Serves as a business advisor providing advice and guidance, ensuring all business aspects of the acquisition are considered, including risk and incentivization.
*Provide business advice to and/or other DoD organizations/services in all price/cost matters to enable effective integration of total effort in keeping with program objectives.
*Identify and analyze cost variances and recommend corrective actions.
*Determine appropriate recommendations for unresolved or questionable problems and perform follow-up actions.
*Provide authoritative recommendations to agency senior leaders and/or other DOD organizations/services in all price/cost matters to enable effective integration of total effort in keeping program objectives.
*Effectively communicate, verbally and in writing, to coordinate work and keep chain-of-command, coworkers, and customers informed of work-related issues, developments, and statuses.
*Coordinate with various levels of functional representatives to ensure the outcome of the product or service fully reflects mission and organizational goals.
*Advise high-level managers within the AF, as well as OSD, of procurement program issues, policies, and trends.
*Demonstrate skilled critical thinking in identifying, analyzing, and solving highly complex issues.
Performance Standards:
*Work should be efficient and of acceptable quality. Cost estimates shall be prepared and delivered in a timely manner to support project decision-making
*Contributed results will meet or exceed expectations and contribute to the success of the organization in exceeding its mission goals and objectives.
*Effectively and efficiently guide, train, and lead others to meet the organization's missions and goals.
*The Price/Cost Estimator will contribute results, even in the face of obstacles, that will contribute to the success of the organization.
*All cost estimates and contract price negotiation memorandums shall be thoroughly documented, including data sources, methodologies, and assumptions.
*Where results are substantially above what was expected in the face of extremely difficult obstacles, it will contribute to the extraordinary success of the organization in exceeding its mission goals and objectives.
Deliverables:
*Complete and accurate cost and price analysis
*Well-documented contract files, to include contract price negotiation memorandums
*Detailed cost estimates for various projects and initiatives
*Effective negotiation strategies and outcomes
*Clear and concise communication, both verbal and written
*Effective training materials and presentations
*Timely and accurate advice and guidance to stakeholders
Qualifications:
*Possess a minimum of 20 years of relevant Department of Defense (DoD) work experience
*Possess a master's degree in a field relevant to the functional area
*Experience must be in a field relevant to the functional area
*U.S. Citizenship is required for this position, due to contract requirements
*Must possess a Top-Secret Security Clearance. Duties will require unescorted entry and work within classified SAP and SCI facilities.
*Prefer to have 12 months or more of experience in an SAP environment within the last 5 years
*Position will support 100% on-site, customer locations
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  • Interesting Work:



    Our co-workers support some of the most important and critical programs to our national defense and security.






  • Values:



    Our first core value is that employees come first. We challenge our co-workers to provide the highest level of support and service, and reward them with some of the best benefits in the industry.






  • 100% Employee Owned:



    We have a stake in each other's success, and the success of our customers. It's also nice to know what's going on across the company; we have company wide town-hall meetings three times a year.






  • Great Benefits - Most Full-Time Staff Are Eligible for:





    • Starting PTO accrual of 20 days PTO/year + 10 holidays/year


    • Flexible schedules


    • 6% 401k match with immediate vesting up to $9k annually


    • Semi-annual bonus eligibility (July and December)


    • Company funded Employee Stock Ownership Plan (ESOP) - a separate qualified retirement account


    • Up to $10,000 in annual educational reimbursement


    • Other company funded benefits, like life and disability insurance


    • Optional zero deductible Blue Cross/Blue Shield health insurance plan







  • Track Record of Success:



    We have grown every year since our founding in 1993.




Modern Technology Solutions, Inc. (MTSI) is a 100% employee-owned engineering services and solutions company that provides high-demand technical expertise in Digital Transformation, Modeling and Simulation, Rapid Capability Development, Test and Evaluation, Artificial Intelligence, Autonomy, Cybersecurity and Mission Assurance

MTSI delivers capabilities to solve problems of global importance. Founded in 1993, MTSI today has employees at over 20 offices and field sites worldwide.

For more information about MTSI, please visit www.mtsi-va.com

MTSI embraces nine core values including our first core value of Employees come first. Consistent with our Core Values, we are committed to Equal Opportunity, making decisions without regard to race, color, religion, sex, national origin, age, military/veteran status, disability, or any other characteristics protected by applicable law. MTSI is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants and employees with physical and/or mental disabilities.


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