Cost and Contract Manager
Date: Aug 19, 2026
Location: Baltimore, MD, US, 21220
Company: STENA
Who YOU are and what YOU can become
As the Cost & Contracts Manager, you will strategically develop and execute on cost out initiatives within the direct supply base, as well as ensure that parts are maintained on long-term agreements. You would encompass ownership of activities such as; bid list development, technical data package collection, RFP/RFQ, cost analysis, price and contract negotiation, compliance documentation drafting, deal review approvals and contract finalization.
Who WE are and where WE are going
At ST Engineering MRAS, our employees have amazing opportunities to work on advanced technologies and systems that support thousands of customers and millions of people worldwide every day. From the first flight across the Pacific Ocean to developing highly complex structures for the most popular aircraft in the world, we have come a long way always with a can-do approach to problem solving while delighting customers with our high say-do ratio. We are looking for people with innovative ideas and the drive to help us grow into the future.
A pioneer in the production and assembly of complex aerostructures including aircraft and rocket components, engine nacelle systems, thrust reversers and advanced composite products, we apply the latest digital technologies and automation in composite design and manufacturing that are second to none. At ST Engineering MRAS, we are also rapidly augmenting our maintenance, repair and overhaul (MRO) capabilities leveraging the company’s expanded aircraft nacelle portfolio as well as it’s materials and processing expertise.
What YOU will do
- Own and develop long‑term supplier agreement strategies, maximizing value and mitigating financial and operational risks.
- Lead complex contract negotiations with domestic and global suppliers to secure competitive pricing and reliable performance.
- Drive multi‑year cost‑out initiatives, competitive bid events, should‑cost analysis, and sourcing strategies that materially impact financial performance.
- Present commercial recommendations to senior leadership, supporting executive decision‑making through robust analytical and financial modeling.
- Direct cross‑functional collaboration with Engineering, Program Management, Quality, and Finance to execute supplier transitions and commercial strategies.
- Ensure contract, compliance, and technical documentation meet MRAS and ST Engineering standards.
- Mentor and guide commodity buyers, fostering a high‑performance sourcing team.
What YOU must bring to Succeed
- Bachelor’s degree in Business Administration, Supply Chain/Logistics, Engineering, Physics, Chemistry, Mathematics, or Computer Science, or equivalent experience with 5+ years of supply chain, purchasing, finance, contracts, or related experience.
- Aerospace or industrial manufacturing industry experience highly preferred
- This position involves access to export-controlled technology which requires U.S. Person status or government authorization. A ‘U.S. Person,’ as defined by 22 C.F.R. §120.62, includes U.S. citizens, U.S. nationals, individuals lawfully admitted for permanent residence (green card holders), and individuals granted asylum or refugee status in the United States. To be considered for this position, you must either be a U.S. Person or fall within a legally recognized export control exception or authorization. If hired, you will be required to provide valid proof of such status.
Desired Characteristics
- Advanced Degree in Engineering from an accredited university or college
- Previous experience in Aviation engines / systems / aircraft
- Previous experience working with Finance or with financial models
- Ability to effectively manage multiple project responsibilities
- Previous experience in driving operational excellence and continuous improvement
- Clear communication and strong interpersonal skills
At ST Engineering MRAS, we offer great rewards, competitive pay, career advancement and growth opportunities.
Estimate salary range for this role: $88,200 to $127,300 per year. ST Engineering MRAS considers several factors with extending job offers, including but not limited to candidates’ key skills, relevant work experience, education/training/certification, job level, and work location. Base salary is only one component of our competitive Total Rewards package.
ST Engineering - MRAS Benefits:
As a full-time employee of ST Engineering- MRAS, you are eligible for our benefits package including:
- Medical, Dental, and Vision coverage starting from start date
- Health Flexible Spending Accounts
- Free Onsite Gym with weekly fitness classes
- Immediate 401k vesting!!!
- Educational Assistance
- Life Insurance
- Paid Time off (Permissive for exempt staff)
Employment Notice: Background and Drug Screening Requirements
As part of our commitment to maintaining a safe and secure workplace, successful completion of a background check and drug screening is a mandatory condition for employment. All offers of employment are contingent upon satisfactory results from these screenings.
It takes diverse talent to solve real-world problems. ST Engineering is deeply committed to building a workplace community where inclusion is valued, and everyone feels welcomed. We’re proud to consider all qualified applicants for employment without regard to race, color, religion, sex, pregnancy, family status, marital status, sexual orientation, national origin, disability, age, or veteran status, or any other legally protected grounds. So, bring us your personal experience, your perspectives, and your background. It’s through our differences that innovative changes are made.
ST Engineering is committed to providing reasonable accommodations to qualified individuals with disabilities in the employment application process. To request an accommodation, please contact our Talent Strategies team at 571-771-0101, or by email at stena.careers@stengg.us.
Nearest Major Market: Baltimore