The intern will support Independent Cost Evaluation (ICE) by assessing estimate realism, quantifying risk, and developing cost metrics. They will collaborate with proposal and program teams to ensure risk factors are integrated into pricing strategies.
Requirements overview
Candidates must be enrolled in a finance or related degree program, having completed their sophomore or junior year. Strong analytical foundations and the ability to translate quantitative data into executive-ready insights are required.
Improving the future and protecting lives is an ambitious mission, but it’s what we do.
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, security and aerospace company headquartered in Arlington, VA, with locations across the country. BAE Systems employees’ dedication and commitment show in everything they create and deliver, including advanced electronic systems, cyber operations and intelligence analysis, combat vehicles, naval weapons, ship maintenance and modernization, and vehicle upgrades and services.
How we work is rooted in purpose – a purpose to protect those who protect us, to unite our community of colleagues and customers, and to drive forward the growth and development of our exceptional team members. Connect your passion for making a difference to career full of purpose by visiting jobs.baesystems.com.
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Finance & AccountingData & AnalyticsEngineeringSecurity & SafetyGovernment & Public Sector
Description
JOB DESCRIPTION
In this position, you will participate in BAE Systems' nationwide LEAP
Internship & Co-op Program, where you will Learn, Engage, Apply, and Progress
within the company. The LEAP Program will provide you with the opportunity to
work alongside experienced professionals on impactful projects, engage in career
development opportunities, and network with our business leaders and the other
students in the program.
The intern will gain experience in the area responsible for providing
Independent Cost Evaluation (ICE) in support of multiple business areas within
BAE Systems. This role will work closely with proposal and program teams
throughout the business. The intern will work with bid capture leads, ICE
Analysts, technical leads, and management to ensure risk factors are understood
and considered in our pricing strategies. This role will typically be performed
4 or 5 days per week in office.
The Finance Strategic Capabilities Unit delivers the expertise and business
acumen to increase value across the enterprise by providing actionable
information with recommendations and opportunities to drive sustainable business
growth.
What You’ll Do:
* Develop understanding of the proposal or program along with associated
business case to determine potential issues.
* Assess estimate realism using data (historical performance, comparable
programs, metrics, and expert input) and communicate implications clearly.
* Quantify uncertainty and risk by developing a range of outcomes (e.g.,
confidence intervals / scenarios) and translating cost drivers into
leadership-ready insights.
* Support development and maintenance of cost metrics and estimating methods by
leveraging historical cost, technical, and program data.
* Collaborate with other ICE team members to strengthen team capability,
consistency, and knowledge retention.
* Contribute to continuous improvement of ICE processes, data quality, and
reusable analytic assets.
* Maintain a regular and predictable work schedule.
* Establish and maintain effective working relationships within the department,
the Strategic Business Units, Strategic Capabilities Units and the Company.
Interact appropriately with others in order to maintain a positive and
productive work environment.
* Perform other duties as necessary.
On-Site Work Environment: This position requires regular in-person engagement by
working on-site five days each normally scheduled week in the primary work
location. Travel and local commute between company campuses and other possible
non-company locations may be required.
Working Conditions:
* Work is performed in an office environment, laboratory, cleanroom, or
production floor.
Hourly Rate: $21.25 - $28.00
TYPICAL EDUCATION AND EXPERIENCE
.
REQUIRED SKILLS AND EDUCATION
* Must have completed your sophomore or junior year and be enrolled in a degree
program for the fall of 2027. We will also accept students enrolled in a
graduate degree program.
* Degree must be from a university, college, or school which is accredited by
an agency recognized by the US Secretary of Education, US Department of
Education.
* Seeking a degree in Finance with minor/coursework in data analytics or a
related field.
* Interested in gaining exposure (with goal of pursuing after graduation) in
cost analysis, estimating, program finance, or a closely related analytical
role.
* Solid analytical foundations (e.g., statistics, business analytics, modeling,
or equivalent practical experience).
* Ability to evaluate assumptions, identify gaps, and construct defensible,
independent conclusions under time constraints.
* Comfortable engaging cross-functionally (engineering, program management,
capture/proposals) and constructively challenging inputs.
* Strong communication skills: can translate quantitative analysis into
concise, executive-ready takeaways.
* Willingness to travel up to ~10%.
#LI-HC1
ABOUT BAE SYSTEMS, INC.
BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international
defense, aerospace and security company which delivers a full range of products
and services for air, land and naval forces, as well as advanced electronics,
security, information technology solutions and customer support services.
Improving the future and protecting lives is an ambitious mission, but it’s what
we do at BAE Systems. Working here means using your passion and ingenuity where
it counts – defending national security with breakthrough technology, superior
products, and intelligence solutions. As you develop the latest technology and
defend national security, you will continually hone your skills on a team—making
a big impact on a global scale. At BAE Systems, you’ll find a rewarding career
that truly makes a difference.
Headquartered in Boulder, Colorado, Space & Mission Systems is a leading
provider of national defense and civil space applications, advanced remote
sensing, scientific and tactical systems for government and commercial
customers. We continually pioneer ways to innovate spacecraft, mission payloads,
optical systems, and other defense and civil capabilities. Powered by endlessly
curious people with an unwavering mission focus, we continually discover ways to
enable our customers to perform beyond expectation and protect what matters
most.
This position will be posted for at least 5 calendar days. The posting will
remain active until the position is filled, or a qualified pool of candidates is
identified.
Multiple positions may be available on this opening.