Lockheed Martin Reviews

Updated July 16, 2015
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  1. Helpful (2)

    Life at LM

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Engineer Stf in Fort Worth, TX
    Current Employee - Systems Engineer Stf in Fort Worth, TX

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    The pay and benefits are generally good, and the employees are technically competent. The biggest pro is getting to work on some of the world's most interesting, high-tech projects.

    Cons

    Middle management is lacking in vision and project management skills. However, this is changing with the younger, and more capable employees filling in as the old guard retire.

    Advice to Management

    Promote based on technical ability, productivity, and leadership rather than experience alone. Incentive pay structure needs to be revamped. A 3-4% raise for a high performer isn't going to retain top talent.


  2. Salary limitations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Fort Worth, TX
    Former Employee - Anonymous Employee in Fort Worth, TX

    I worked at Lockheed Martin

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    You get to see and work with some really cool technology and your team members are really smart people!

    Cons

    Once you reach the top of the salary band for your pay grade you are stuck there. You will no longer receive any pay increases unless the salary band itself moves upward. The only other option is to try and get a new job at a higher pay grade within the company (which may require you to relocate at your own expense) or leave the company.

    Advice to Management

    Develop alternative compensation programs for those employees who have topped out at their pay grade.


  3. I was a Program Manager who brought in business.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Program Manager in Fort Worth, TX
    Former Employee - Senior Program Manager in Fort Worth, TX

    I worked at Lockheed Martin

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Very interesting and challenging assignments abound at Lockheed Martin. They expect you to be motivated and self-directed.

    Cons

    Department of Defense fundinding is going down - so layoffs are a real possibility. Just keep your resume and network up to date.

    Advice to Management

    They expect a great deal of overtime - and this tends to burn people out.


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  5. Good hours, lousy transparency

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Fort Worth, TX
    Former Employee - Anonymous Employee in Fort Worth, TX

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Managers always understood and allowed for shuffling of work hours for family and personal obligations. As long as you worked the hours (or used personal time) and assignments met deadlines they were fine with whatever you needed to take care of.

    Cons

    Transparency. If you weren't upper-middle to upper management you would have no clue as to what possible future or road-map was being planned out for the department. And yes, much of that could be attributed to financial allocation from the government, but being told from management "I don't know what might be in the near future" only to hear other managers in the restroom talking about that very future does little to reinforce my faith in leadership.

    Advice to Management

    Please for the love of mike do not substitute Swag for consistent and honest engagement with employees. I know once upon a time Microsoft weaved a corporate fairy tale that employees felt far more validated when given free stuff for performance but I would venture to guess that modern day employees value honesty and consideration far more than a coffee mug.


  6. Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Systems Architect in Fort Worth, TX
    Current Employee - Software Systems Architect in Fort Worth, TX

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    It is a pretty stable job. I've been working there for at least five years and have yet to fear for my job.

    Cons

    You can get lost in the shuffle if you aren't active in your job. It appears that the most people who get opportunities are the one who participated in their LDP program.

    Advice to Management

    I'd advise management to be more active in their employees lives. Offer some career guidance or ways for a individual to improve themselves.


  7. Helpful (1)

    Software and Test Engineer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Systems Engineer in Fort Worth, TX
    Current Employee - Senior Systems Engineer in Fort Worth, TX

    I have been working at Lockheed Martin full-time (More than 8 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Stable company that can be either low-stress if you go with the flow, or high-pressure if you want to try to challenge the status quo.

    Cons

    The technologies and development practices used are typically behind the times compared to most private companies. You can easily fall into a very niche role and lost the opportunity to maintain or grow any other skillsets. Promotion and job performance is very dependent on working within the established frameworks rather than trying to improve processes or innovate.

    Advice to Management

    More attention should be paid on developing talent and spreading knowledge, even if it isn't in support of the team's immediate goals.


  8. Helpful (1)

    Nice Place to Work...Nowhere to Go

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Subcontract Administrator in Fort Worth, TX
    Former Employee - Subcontract Administrator in Fort Worth, TX

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Work schedule is good (every other Friday off), pay and insurance benefits are excellent, company culture is friendly and fun, company is generous and wants their employees to be happy.

    Cons

    Most departments have senior managers with 20 or more years and there is very little room for advancement or leadership potential. What you get is a salary bump and a fancier job title but nowhere to advance because managers remain in their jobs for decades. Most employees are in their 40's and 50's.

    Advice to Management

    Mandatory retirement at 25 years; get rid of the dusty old managers and keep the younger generations moving upward. Give your employees a reason to hope.


  9. Helpful (1)

    Pricing Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Pricing Analyst in Fort Worth, TX
    Current Employee - Pricing Analyst in Fort Worth, TX

    I have been working at Lockheed Martin full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    You'll be given a lot of responsibility and opportunity to learn early on. Benefits are unmatched (flex time and every other off-Friday, for example).

    Cons

    Government contractor so the goal at the end of every day is to reduce the cost to the customer. Day-to-day this means working in close quarters with your peers in out-dated cubicles.

    Advice to Management

    I understand that satisfying the customers' wants is always of the utmost importance; however, I think that the employees' wants are not considered as often as they should be in order to maintain a satisfied, steady workforce.


  10. Good until lay offs come yearly

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Staff Systems Engineer in Fort Worth, TX
    Current Employee - Senior Staff Systems Engineer in Fort Worth, TX

    I have been working at Lockheed Martin

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Challenging keeping up with next tech

    Cons

    Lay off are a way getting rid of old folks

    Advice to Management

    quit justifying purging older engineers


  11. Very challenging jobs, but the advancement opportunities are there if you search for them and work hard.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quality Assurance Engineer in Fort Worth, TX
    Current Employee - Quality Assurance Engineer in Fort Worth, TX

    I have been working at Lockheed Martin

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Opportunities for advancement, travel, and training.

    Cons

    Forced Diversity is killing opportunities and slowing progress...

    Advice to Management

    Stick to your ethics and morals - push back on Corporate initiatives regarding forced Diversity - it's not only wrong on moral level...it's slowly killing the company!



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