Risk & Opportunity Project Manager

Date Posted: 2026-10-19 Country: United States of America Location: US-MA-ANDOVER-AN0 ~ 366 Lowell St ~ BLDG AN0 Position Role Type: Onsite U.S. Citizen, U.S. Person, or Immigration Status Requirements: The ability to obtain and maintain a U.S. government issued security clearance is required.​ U.S. citizenship is required, as only U.S. citizens are eligible for a security clearance Security Clearance Type: DoD Clearance: Secret Security Clearance Status: Active and existing security clearance required after day 1 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.  Raytheon brings the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. We deliver solutions that help our nation and allies defend freedoms and deter aggression, creating a safer, more secure world. Join us and help shape the future of aerospace and defense. Land and Air Defense Systems (LADS) is seeking a Risk & Opportunity Project Manager to lead risk and opportunity management across a country portfolio within Global Patriot and Product Support. We are looking for a driven professional with strong business acumen who can connect program execution to broader portfolio priorities and turn analysis into action. In this role, you will partner directly with program leadership and cross-functional teams to shape R&O priorities, drive risk mitigation and opportunity capture, and inform decisions that affect cost, schedule, and financial performance. You will bring a portfolio-wide perspective to individual program challenges, identify common drivers and emerging trends, and coordinate actions that strengthen performance across the country portfolio. Please note that this role will be ONSITE, located in Andover, MA or Tewksbury, MA What You Will Do:   Lead R&O management across a Global Patriot country portfolio, spanning Production and Sustainment, and partner with program leaders to prioritize mitigation and opportunity capture efforts Drive execution of risk mitigation and opportunity capture plans by working with action owners to establish milestones, track progress, resolve barriers, and evaluate whether actions deliver the intended results Turn R&O analysis and reporting into actionable recommendations that inform program decisions, reduce exposure, and improve cost, schedule, and financial performance Influence and coordinate execution across a matrixed team of Program Managers, Program Integrators (PIs), Integrated Product Team Leads (IPTLs), and internal partners across the Raytheon business to secure support and maintain accountability for R&O actions Ability to travel (international and domestic) for customer, company, and program related activities (approx. 10% of role) Qualifications You Must Have:  Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years’ experience Experience with program risk and opportunity (R&O) management process Experience with project management fundamentals, including managing cost, schedule, and performance metrics across programmatic and technical workflows Experience with program management tools such as Earned Value Management Systems (EVMS), Estimate at Completes (EACs), and/or Integrated Master Plan or Schedule (IMP/IMS) The ability to obtain and maintain a government US Secret security clearance. U.S. citizenship is required as only U.S. citizens are eligible for a security clearance What You Will Learn Raytheon and RTX Business Acumen SBU & SSBU organizational structure, responsibilities amongst the programs and the functional areas, and deliverables Qualifications We Prefer: Experience with program risk and opportunity (R&O) process to include program revenue and profit recognition to minimize risk to the organization Experience proposing and executing Production and Sustainment programs and strategies with FMS and DCS Contracts, including developing and reviewing basis of estimates (BoEs) Experience with Lean Six-Sigma and/or Raytheon CORE process improvement methodologies Demonstrated knowledge and proficiency with program processes, financial planning and execution, EACs, EVM, and key metrics (Bookings, Sales, Earnings & Cash) Prior Defense Industry experience supporting the product life cycle PMP or Raytheon Program Manager 6 Certification or higher with ability to obtain PM Level 6 within 12 months Proven experience with geographically and multidisciplined teams. Display strong communication, influence management, and presentation skills, and comfortably interacts with both internal and external stakeholders at all levels of leadership Ability to operate independently to navigate organizational complexities and to obtain resources to move initiatives forward Strong skills in Microsoft Office suite of programs to include Microsoft Excel (i.e. pivot tables, advanced formulas), Project, Word, PowerPoint, and Outlook What We Offer: Our values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Safety, Trust, Respect, Accountability, Collaboration, and Innovation.  RELOCATION – NOT ELIGIBLE Learn More & Apply Now! Please consider the following role type definition as you apply for this role: Onsite: Employees who are working in Onsite roles will work primarily onsite. This includes all production and maintenance employees, as they are essential to