Contracts Specialist

Purpose of Position:   The Contracts Specialist is responsible for drafting, reviewing, and managing contracts.  This role ensures that all agreements meet company standards, regulatory requirements, and industry best practices.  The specialist will collaborate with internal departments, including engineering, production, sales and finance, to support contract management for incoming sales contracts, customer flow downs and various projects, from R&D to production and service agreements.

Summary of Essential Job Functions: 

• Draft, review, and manage contracts, ensuring accuracy, compliance, and alignment with company goals and regulatory standards.
• Maintain an organized system of physical and digital records to manage contract renewals, deadlines, and obligations.
• Engage with clients, vendors, and subcontractors to negotiate terms, resolve disputes, and clarify contract specifications.
• Facilitate discussions with cross-functional teams to ensure all contractual obligations are understood and met.
• Ensure compliance with federal, state, and international regulations, especially ITAR (International Traffic in Arms Regulations) and EAR (Export Administration Regulations).
• Identify and mitigate potential contract risks, offering recommendations for contract terms that protect the company’s interests and reduce liabilities.
• Collaborate with finance teams to align contract terms with budgetary goals and cost structures.
• Track financial milestones in contracts, such as payments, incentives, and penalties, ensuring timely and accurate execution.
• Develop and improve contract templates, negotiation strategies, and best practices tailored to gimballed aerospace technologies.
• Provide regular training and support to project teams on contract compliance and risk management.
• Other duties as assigned.

Education and Experience Qualifications:

• Bachelor’s degree in Business Administration, Contract Management, Legal Studies, related field, or equivalent work experience.
• 3 years of experience in contracts administration, ideally within the aerospace or defense industry.
• Demonstrated experience engineering, specifically gimbal technology, preferred.

Physical Demands of Position:

• Physically able to lift up to 20 pounds (materials/equipment)
• Effective use of computer, laptop, cell phone and other mobile device to exchange information.

Competencies and Skills Requirements:

• Excellent communication skills, both verbal and written.
• Excellent team skills and team oriented.
• Excellent time management skills and meets deadlines.
• Flexible; able to multi-task in response to time-sensitive and changing situations.
• Effective listening skills.
• Objective, solution-oriented problem-solving skills.
• Handles highly sensitive and confidential information.
• Resourceful, able to network and connect people to appropriate resources.
• Technology savvy, comfortable using MS software products.
• Strong planning and organizational skills and follow through.
• Resilient, stays positive and solution oriented.
• Perceptive, discovers underlying issues in situations and re-states them in a helpful way.
• Self-starter with a strong work ethic, able to work without direct supervision.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.