Lockheed Martin Reviews

Updated April 19, 2015
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3.5
2,786 Reviews
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Recommend to a friend
Approve of CEO
Lockheed Martin President & COO Marillyn Hewson
Marillyn Hewson
718 Ratings

Pros
  • This is really a wonderful place for a working mother - great work/life balance (in 222 reviews)

  • Work life balance; Good Benefits; 9/80 work weeks; Pension (although this has been eliminated for new employees) (in 96 reviews)

Cons
  • My program had mandatory overtime, seems like work/life balance might not be the best (in 50 reviews)

  • For a large company you would expect industry setting standards for benefits (in 70 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. A great company fully invested in their employees.

    Current Employee - Senior Engineer Staff in Rockville, MD
    Current Employee - Senior Engineer Staff in Rockville, MD

    I have been working at Lockheed Martin full-time

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

    Pros

    Upper management always interested in employee feedback, new ideas and works to implement the best of those into operations. Everything extra you give is valued.

    Cons

    There are no downsides to working at Lockheed Martin, except that the workload never lets up, which indicates the interest in our programs.

    Advice to Management

    Keep doing the great job that makes Lockheed Martin stand out as an exemplary company with a growing Energy Services division.

  2. Electrician

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Aviation Electrician in Marietta, GA
    Current Employee - Aviation Electrician in Marietta, GA

    I have been working at Lockheed Martin full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great Schedule, Good Pay and Great Benefits

    Cons

    Layoffs are always a possibility

  3. Overall a quite satisfying career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Database Engineer in Philadelphia, PA
    Former Employee - Database Engineer in Philadelphia, PA

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

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

    Pros

    Working for a large corporation still has the best amenities, benefits, etc.

    Cons

    Workig for a large corporation, one can 'get lost in the crowd'.

    Advice to Management

    Listen to your employees!

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  5. Doing whatever it takes to deliver quality deliverables for the client.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    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

    I enjoyed doing research as a member of the Lockheed Martin team. At times we were under very short deadlines, but it was very gratifying to always come thru for the client with excellent results.

    Cons

    Lockheed Martin has a bad reputation of laying off people. Typically a program’s budget is cut and so is the staff. No help in relocating within the company to a different division. I was there for seven years giving everything I had for LM only to have the rug pulled out from underneath me with no warning. The process is very sterile, plus you have to sign your rights away if you want their severance package of three weeks. Most large corporations will provide at least six months of severance.

    Advice to Management

    Have some compassion for your dedicated employees. Only dedicated people work for LM. Step up to the plate and do more when it comes to having to laying off people or a whole program staff.

  6. Helpful (1)

    Senior Developer

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

    I have been working at Lockheed Martin

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

    Pros

    Salary, Health Benefits, Rollover vacation

    Cons

    New company structure adds a lot of job uncertainty

  7. Software Engineer Sr

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great Benefits, Competitive Pay, Flexible Hours

    Cons

    Long hours, Stiff competition for performance and merit reviews.

    Advice to Management

    Review for merit increase more based on individual merit less on comparison to others.

  8. Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Support in Johnstown, PA
    Former Employee - IT Support in Johnstown, PA

    I worked at Lockheed Martin

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

    Pros

    Good compensation, very nice and friendly people

    Cons

    none, this is a great company to work for

    Advice to Management

    Mgmt was good, keep up the good work

  9. BD Rep

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

    I have been working at Lockheed Martin full-time

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good pay top of rate

    Cons

    Large firm, takes a long time to get things done

    Advice to Management

    None

  10. Great place for stability!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Reliability Engineer in Denver, CO
    Former Employee - Reliability Engineer in Denver, CO

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Numerous projects to work on, many people on the same team to help aide in your career. Great history of standards and company procedures to learn how a engineering should be done. Great senior engineering people on staff that have been with the company for many years. Great benefits and 401K matching while I was there.

    Cons

    It can be very hard to move up within this company depending on the program you are staffed on. If the program is doing well then the raises and promotions will occur, but otherwise the reverse is true. Sometimes it feels as if you are just a number and your manager in another office that is 4-5 states away doesn't know what you do let alone they don't have the ability to see what you do for your program team on a day-to-day basis. Work sharing can be difficult between offices as there are so many across the US.

    Advice to Management

    Provide quarterly feedback to employees, ensure they are constantly learning new things and being provided with growing opportunities to enhance their career.

  11. A company that is comparable to any other large defense contractor

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

    I have been working at Lockheed Martin full-time

    Pros

    Lockheed Martin, as large as they are, strives to do what's right and ethical. If you perform well they will take care of you.

    Cons

    Lockheed Martin is beholden to the stockholders and when times are tough the employees feel it in their annual increases, the rising cost of benefits, and the perks.

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