Lockheed Martin

www.lockheedmartin.com
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2 people found this helpful  

Future of Space Systems Business Unit is unclear

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

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

Pros

Started out with solid benefits, competitive pay, chance to take on exciting/challenging problems (no shortage of ownership/responsibilities for those looking to excel).

Cons

Highly influenced by government politics with diminishing customer diversity. Though current Corporate/Space Systems executive leadership have 100+ collective years of experience at LM, they seem ill-prepared to navigate changing financial, political, and technical environment (ex. Commercial Ventures effort seems like a feeble attempt to breathe new life into the business). Simply put, LM Space Systems has fallen out of favor. What is particularly frustrating is the lack of transparency between executive leadership and workforce.

Advice to ManagementAdvice

Invest $$$ in R&D to keep company afloat. Commercial Ventures IR&Ds are too little/too late. Figure out clear roles responsibilities among 3 major Space Systems Facilities and communicate that "down". For that matter - ditch the dead weight and pyramid shaped hierarchy; see NetApp for examples on culture, communication, & and structure.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

2672 Other Employee Reviews for Lockheed Martin (View Most Recent)

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  1.  

    Great place for grads and mid level engineers

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

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

    Pros

    Large stable company with locations all over the world
    Interesting work vital to defense and civil applications
    Opportunity to move to other business units/locations
    Decent benefits
    Decent initial salary at all levels (junior, mid level, senior)
    Management pays attention to what's going on, but doesn't get in the way of doing your job

    Cons

    Working for a good manager is hit or miss - there are a few good, some bad, most mediocre. You have to learn to manage your manager. I only saw one who was really horrible, Lots of status reports, yet seem to be surprised when bad news happens.
    LM has an affinity for discarding senior engineers.
    Poor raises every year - zero to 2%
    Benefits keep eroding away - no more pension, vacation accrual cuts, insurance rates keep getting more and more expensive

    Advice to ManagementAdvice

    Let people do what they do best. I witnessed an outstanding engineer move into management where he performed horribly. Stop the culture of making people believe they have to move into management to be sucessful

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Working for LM has a lot of challanges

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IA Analyst in Suffolk, VA
    Former Employee - IA Analyst in Suffolk, VA

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

    Pros

    Largest Defense Contractor in the country

    Cons

    Should be the smallest Defense Contractor in the country

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
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