Who We Are
Textron Systems is part of Textron, a $14 billion multi-industry company employing 35,000 talented makers, thinkers, creators and doers worldwide. We make things that fly, hover, zoom and launch. Things that move people. Protect soldiers. Power industries. We serve customers in industries spanning aerospace and defense, specialized vehicles, turf care and fuel systems.
This role is in Textron System’s Legal business area. Visit TextronSystems.com & Lycoming.com to read more about who we are and the products we make!
About the Role
We are seeking a detail-oriented and proactive Contract Closeout Specialist to support the timely and compliant closeout of government, international, and commercial contracts. In this role, the Contract Closeout Specialist will work closely with contract managers, financial leaders and program teams, supporting all contractual steps required to bring contracts to formal closeout.
This is an excellent opportunity for a Contract Closeout Specialist who thrives in a highly collaborative environment, enjoys navigating the details of contract compliance, and is committed to process integrity and accuracy.
Key Responsibilities
− Lead and actively administer the closeout process for completed government and commercial contracts across various types (cost reimbursement, fixed price, T&M, IDIQ, etc.).
− In accordance with Textron’s Process/Policies, review contract documents, modifications, and terms and conditions to determine closeout requirements and outstanding actions.
− Prepare and coordinate closeout related correspondence and reports; maintain accurate contract files and documentation.
− Collaborate with program management, finance, supply chain, and other functional teams to obtain required deliverables and resolve open items.
− Monitor key closeout elements such as deliverables, funding status, invoicing, final payment, and subcontract closure.
− Identify administrative or contractual issues affecting closeout progress and coordinate with contract management leadership to resolve them.
− Ensure all closeout activities comply with company policies, customer requirements, and applicable laws and regulations (including FAR/DFARS for government contracts).
− Escalate contract matters with potential legal significance to the Legal department for review and guidance
Qualifications
− Experience working with government, commercial, or international contracts (closeout experience preferred).
− Solid understanding of contract fundamentals, FAR/DFARS, and common contract types.
− Strong analytical skills and attention to detail.
− Excellent communication and organizational abilities.
− Ability to work collaboratively across teams and manage multiple priorities in a deadline-driven environment.
− High integrity and an unyielding commitment to compliance.
− Personal computer skill proficiency.
− 1-3 plus years’ experience with federal and commercial contracts.
How We Care
At Textron Systems, our talented people make us successful. We promote an inclusive environment where we value individuality, differences, and unique perspectives.
Our Company is committed to offering employees opportunities to grow and develop. Our benefits and compensation packages are designed to help our talented employees excel and achieve their goals, so they can make a difference every day in and outside of the workplace. Below are just a few examples!
- Flexible Work Schedules
- Career Development & Training Opportunities
Are you a Military Veteran?
Textron's products and services are trusted everyday by those who protect our country. We are dedicated to hiring these Veterans and aim to translate their skills to make an impact on our Company.
Textron’s compensation package includes competitive base pay and provides eligible employees with benefit programs. Benefits may include health insurance and prescription plan coverage, dental insurance, family building benefits, vision insurance, mental health resources, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and programs that provide employees time away from work. The pay range should be used as a general guide only. Compensation is based upon candidate experience and qualifications, as well as market and business considerations. In compliance with the local pay transparency law, the pay range for this position is $71,400 - $107,000 per year. EEO StatementTextron is committed to providing Equal Opportunity in Employment, to all applicants and employees regardless of race, color, religion, age, national origin, military status, veteran status, disability, sex (including pregnancy and sexual orientation), genetic information or any other characteristic protected by law. Recruiting Company: Textron Systems