There are newer employer reviews for Lockheed Martin

 

Great Company

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Project Manager in New York, NY
Former Employee - Project Manager in New York, NY

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

Pros

Large company that can afford to keep a bench of talent. Room to grow, train, and improve. Get paid every week.

Cons

Corporate culture resembles that of its biggest client - government. Can be a slow moving behemoth.

Advice to ManagementAdvice

Break into smaller teams to move more quickly

Recommends
Positive Outlook
No opinion of CEO

2418 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1.  

    Software Intern Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - College Student Tech in Manassas, VA
    Current Employee - College Student Tech in Manassas, VA

    I have been working at Lockheed Martin as an intern (less than an year)

    Pros

    Great people to work with
    Fast paced working environment
    Great personal development opportunities
    Security Clearance

    Cons

    Government sometimes changes its mind about what it wants after accepting a design.
    Time constraints can be stressful at times

    Recommends
    Negative Outlook
    Approves of CEO
  2. 5 people found this helpful  

    A company that cares about stock price and nothing else.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Goodyear, AZ
    Current Employee - Software Engineer in Goodyear, AZ

    I have been working at Lockheed Martin full-time

    Pros

    If you are able to find a good group within the company, junior engineers can get tons of diverse experience and responsibility. If you want a job that can help you build a resume for your next job, LM is perfect.

    Probably the best part of working for Lockheed is that there are thousands of groups within the company and you are reasonably free to move around until you find one that you like.

    Cons

    When you start at Lockheed, you'll hear people joke that we're the company that Dilbert is based on. After a year or two, you'll find out that those people weren't joking. While Lockheed can shower responsibilities and experience on young employees, all promotions are based on years of experience and all raises are based on sucking up to management. This is the sort of company where you could single-handedly win a $25 million contract and be turned down for a promotion because you are 1 month of experience short of the requirement. By the way, that's not hypothetical. In my time at Lockheed, I've seen situations just like that play out... twice!

    Lockheed is a silo'd company, so it really feels like a loose alliance of hundreds of small-medium companies. It's sort of an interesting place to work, until you realize that all parts of Lockheed fiercely compete with each other. We operate like a pack of wild animals, constantly fighting each other for food, but remaining together for survival. This creates a toxic, ultra-competitive environment where people are rewarded for betraying the guy down the hall because he's from a different part of the company. I've seen people get their yearly raise reduced for helping other parts of the company win new business.

    The last important thing to know is that they've been making small benefit and quality-of-life cuts every few months for the last ~3 years. They're usually small, but they keep happening like clockwork and they're adding up. I've had multiple raises and a promotion and my total compensation is the same as when I started. In essence, good performance is rewarded with just enough of a raise to keep your salary from shrinking.

    Advice to ManagementAdvice

    Lay off any indirect employee with no direct reports. If you aren't leading anyone, you shouldn't be getting executive leadership pay. Take a good, hard look at a lot of overhead and indirect jobs. There are hundreds of people whose jobs made sense when they were hired 10 years ago, but no longer provide value to the company.

    It really hurts morale when management cuts benefits because of the economy, but continues to spend millions of dollars on lavish executive "conferences." (Read: parties)

    End the internal competition. I know it's the way you've always done business, but we're intentionally tearing our company apart.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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