Lockheed Martin
3.4 of 5 2,014 reviews
www.lockheedmartin.com Bethesda, MD 5000+ Employees

Lockheed Martin Reviews

Updated Apr 12, 2014
All Employees Current Employees Only

3.4 2,014 reviews

                             

81% Approve of the CEO

Lockheed Martin President & COO Marillyn Hewson

Marillyn Hewson

(369 ratings)

70% of employees recommend this company to a friend
769 Employee Reviews Back to all reviews
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Working at Lockheed Martin was a tremendous educational experience.

Senior Engineer (Former Employee)
Littleton, CO

I worked at Lockheed Martin full-time for more than 10 years

ProsThe best reasons to work here are the salary and the work week schedule with every other Friday off.

ConsThe atmosphere can be biting.

Advice to Senior ManagementWork more with the folks.

Yes, I would recommend this company to a friend

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Lockheed Martin was a pretty good place to work for nearly 25 years

Senior Staff Software Engineer (Former Employee)
Fort Worth, TX

I worked at Lockheed Martin full-time for more than 10 years

ProsLockheed had good medical, dental and insurance benefits. There was quite a variety of projects and technologies due to the large size of the company.

ConsLike most defense companies, they have been cutting expenses and that means asking employees to pay a bigger share of insurance costs. Although there are a large number of locations and opportunities, it's not always easy to move between companies and projects.

Advice to Senior ManagementProvide more support to employees that are looking for a change or an opportunity to improve themselves.

Yes, I would recommend this company to a friend

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Positive work environment, but underdeveloped intern program

College Student Technical Specialist (Former Employee)

I worked at Lockheed Martin as an intern for less than a year

ProsI worked with a great group of people who seemed truly committed to the tasks we were completing. I received strong support from my direct managers and coworkers. People were friendly, but maintained professionalism and high expectations. I was given actual work to contribute to and free reign to learn the necessary skills for the position. Location and facilities were nice.

ConsDidn't seem like as much 'forward thinking' or innovation as I expected was taking place. The internship program I experienced was pretty isolated and there was not enough assigned work to keep me busy.

Yes, I would recommend this company to a friend

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pretty solid company but felt stuck at current location

Anonymous Employee (Former Employee)

I worked at Lockheed Martin

Prosgreat compensation, great coworkers and staff

ConsFelt stuck at position with no opportunity to grow

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great opportunities.

Senior Logistics Management Analyst (Current Employee)
Greenville, SC

I have been working at Lockheed Martin full-time for more than 8 years

ProsAlways changing. benefits are excellent.

ConsAlways changing. Job could be going well with one manager but if the manager changes and that manager didn't hire you, watch out.

Advice to Senior ManagementOften play favorites.

Yes, I would recommend this company to a friend

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3 people found this helpful  

Good company lacking qualified management

Security Representative (Current Employee)
Edwards AFB, CA

I have been working at Lockheed Martin full-time for more than 10 years

ProsBenefits have been great but are slowly phasing out

ConsIt may be the undesirable location but the Palmdale and Edwards locations are seriously lacking in qualified management. The annual performance assessment has changed its method of evaluating employees to where we are measured in groups according to our job level. So throw yourself into a pot of 200 people and someone who doesn't work at your location will determine if you have met your commitments and you earn points. No matter how hard you work, as long as your commitments are satisfied on paper you will be recorded as Average. There is very little incentive or possibility of advancement. Annual raises have shrunk. The whole process is flawed making your chance for advancement a rare occasion, you're just a number now.

Advice to Senior ManagementRe-think the assessment process. Overachievers lose their focus when they are viewed as average on paper and only get minimal raises. Nobody wins. Managers and Senior Mgrs. L5 & L6 should be evaluated more strictly. How well they know their employees and grasp the whole picture of their organization should be evaluated. Discontinue the requirement for ALL leaders to attend your long term management courses...they aren't effective. Leaders should be required to spend 4 + years in college, or have many years experience leading successfully or they shouldn't be in lead positions. Most people can't lead or manage and that is the truth.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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A corporation in transition

Anonymous Employee (Current Employee)
Bethesda, MD

I have been working at Lockheed Martin full-time for more than 5 years

ProsLockheed Martin is strongly placed in the defense marketplace and has mostly weathered the budgetary changes well. The work is exciting and challenging. Opportunities to move within the corporation are there for those willing to do more legwork than a web search. Corporate negotiated discounts are available for employees on everything from cell phone service to vacations. Benefits are better than some, but worse than others. 401(k) match is nice to have.

ConsHuman resources is perhaps the primary reason for 9 out of 10 employees, that I have known, to leave the company. HR is given free reign over salaries and promotions and uses one measuring stick for a technical staff of around 50,000. It simply doesn't work. The processes and requirements are hidden and promotions are based on the feeling of HR rather than the experience provided to them by your direct supervisor.

Salaries are low; as is typical for the industry. Benefits are solid but have increased substantially every year for the last 5 either through increased premiums or increased deductibles and decreased coverage.

Advice to Senior ManagementWhat would happen if you spent more money on your employees? Would they produce more for you and your shareholders? What happens if you pay them the minimum HR thinks they can get away with? Will they want to stretch for you? This generation of employees is mobile and willing to change jobs for experiences, challenges and responsibility. If you don't show them they are valued, how many can you afford to lose as the rest of the technical population continues to age?

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great job for those who don't have career aspirations

Software Engineer (Current Employee)

I have been working at Lockheed Martin full-time for more than 5 years

Prosvery very smart, interesting people
ethical environment, do what's right attitude
low stress, flexible environment
engaging work, rocket science, robots, space, etc
good management

Consno career opportunities. no career path
experience very much depends on your business unit / manager
pay is average to low
lots of layoffs as of late (30K people?)

Advice to Senior Managementwork on career paths for the ambitious
facilitate transitions between business units / roles
pay your top talent better, realize you are competing with google / apple / spaceX, etc.

Yes, I would recommend this company to a friend

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Great place right out of college

Process Supervisor (Former Employee)
Fort Worth, TX

I worked at Lockheed Martin full-time for more than 3 years

ProsI was given opportunities right from the start. I had the opportunity to move around to different jobs as well as different work sites. I was even able to travel for training classes and seminars. The benefits are very good when looked at as a whole. I worked with some very talented managers.

ConsThe pay was lacking and hours were very long. I worked at the Aeronautics division in Ft. Worth which is a union shop. To say the hourly workers were unmotivated to do anything would be an understatement. Ultimately, that is what drove me away. Being excited to try new ideas and techniques that went to the shop floor and died because no one had any motivation to change because 'ive done this for 20 year, i know what im doing'

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great company if government/defense contracting makes you happy.

Senior Financial Analyst (Former Employee)
Goodyear, AZ

I worked at Lockheed Martin full-time for more than 5 years

ProsIt's a very large company with many locations so there is opportunity to move around. They offer good health benefits, 401K with company match, capital accumulation plan in lieu of a pension, tuition reimbursement, lots of vacation time plus floating holidays, flexible schedules (flex 40 or 9/80), and salary is generally competitive. Some positions allow employees to work remotely from home on a situational basis. The company offers formal training programs & career development. SPOT awards and Special Recognition Awards are available to individuals and teams for exceptional performance. Employees support very important missions and the company is dedicated to community service and military support. LM takes ethical matters seriously.

ConsLM is large, bureaucratic, slow moving, and political. The industry relies heavily on government funding and many areas of the business have had to contend with shrinking budgets. While the company itself is stable (stock price is at an all-time high) individual programs are not. Jobs end when contracts do. The company has frequent re-orgs which is a regular source of disruption. LM likes to tout "one company, one team" but there are some inconsistencies across the different business areas and they are constantly in competition with one another. The performance appraisal system is very flawed. Employees set their own individual commitments and are then ranked and placed into a forced distribution. (This method should only be applied if everyone is being rated against the same set of commitments.) The "good ol boys" network still exists at LM and management will take care of their buddies over top performers. The company advertises Full Spectrum Leadership (Shape the Future, Build Effective Relationships, Energize the Team, Deliver Results, and Model Personal Excellence, Integrity & Accountability) yet there are so many leaders who do not embody the FSL characteristics and they get rewarded for it! It's appalling.

Advice to Senior ManagementEven having a female CEO, women at LM are still making less than their male counterparts. Equal pay for equal work! The company needs to do away with the ol boys club and not just say "pay for performance", but actually do it.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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