Lockheed Martin Reviews

Updated March 16, 2015
176 reviews filtered by
  • Sunnyvale, CA
  • Any Job Title
3.2
176 Reviews
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Lockheed Martin President & COO Marillyn Hewson
Marillyn Hewson
693 Ratings

176 Employee Reviews

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  1. Great company to work for

    • Career Opportunities
    Former Contractor - Procurement Representative in Sunnyvale, CA
    Former Contractor - Procurement Representative in Sunnyvale, CA

    I worked at Lockheed Martin as a contractor (more than 5 years)

    Pros

    Worked as a contractor. Enjoyed working here. Management is nice.

    Cons

    Cannot think of any cons.

    Approves of CEO
  2. Stable/good co-workers/mostly honest

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

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

    Pros

    Job security, loyal employees, great vacation and time off, some flexibility with schedule (some can telecommute either full-time or part-time). Some jobs are only open to employees. Meaningful products.

    Cons

    Hard to advance in career so work can be boring after doing it for years. You can become just a number. Confusion in work process. You get lots of work so you are expected to work many hours.

    Advice to ManagementAdvice

    Work in helping your employees advance in their careers throughout the year. Do not just talk about it once a year during the performance review with no action after.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3. Very Stable Career

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

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

    Pros

    -Interesting work
    -Good quality people around you
    -Work with a purpose
    -Good Money at beginning

    Cons

    -Work comes and goes with government environment
    -Very project based
    -Pay raises are very slow and small

    Recommends
    Positive Outlook
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  5. 1 person found this helpful

    lockheed sunnyvale downsizing

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

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

    Pros

    lockheed sunnyvale has a number of exciting projects to work on. the people are nice and generally smart

    Cons

    the lockheed sunnyvale location is shrinking and the work environment is getting old.

    Advice to ManagementAdvice

    be honest with the employees about plans to eventually close the sunnyvale campus. i feel this could happen in the next 10 years

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. Tremendous work/life balance

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

    I have been working at Lockheed Martin

    Pros

    Great work/life balance, off every other Friday

    Cons

    compensation leaves a lot to be desired, unpopular performance review system

    Recommends
    Positive Outlook
    Approves of CEO
  7. The market (industry sector) has changed what it is like to work at a company like this

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

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

    Pros

    LM was a great company to start one's career at (back in the day): there were training programs, tuition assistance, leadership development, and a huge network and ways to grow yourself and a career.
    Work/life balance was one thing I have been very happy about while here.

    Cons

    Defense and Space industry dynamics (current administration, state of government, who was primary customer of a lot of the products) has resulted in a huge market downturn that although LM is trying to stay the main leader in the sector (and so far, is the leader), the future is grim because customers (military, government, commercial) just don't have as many projects (nor can they afford it) as before. So companies like LM have really had to adapt (read: shrink, consolidate, and make cuts) which have affected employee morale (negatively). The removal of pension accrual after 2016 and 2020 and cuts to retiree medical benefit, plus the overly cumbersome Performance Review system (designed to keep post-layoff liability to a minimum perhaps), plus the non-competitive wages for the AREA (not the defense industry sector, but the geographic area) has driven many younger and mid-career employees' attrition, while late-career employees either have to try to 'hang on' until retirement is feasible or at maximum benefit (the most pension you can get at that point, since it won't increase any more with more years of service). Facilities are closing (and will continue to close) in the coming few years, which will translate to more headcount reduction.
    But it's really the lack of the country's space projects (in last 10 years) that have made this company less attractive to many.
    For prospective job seekers: something I did not expect working here was the negative reputation this company is associated with the peaceniks. (Although I think misinformed), weapons protesters are not uncommon and I've had friends drop association with me for the connection (even though I worked on Space projects.)

    Advice to ManagementAdvice

    (N/A. Although I'm grateful for the development opportunities and the positive opinion, I am planning to leave the company as soon as practical.)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. Maybe a Decent Company for Engineering but NOT for Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Multi Functional Financial Analyst in Sunnyvale, CA
    Former Employee - Multi Functional Financial Analyst in Sunnyvale, CA

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

    Pros

    There are probably worse places to work as a Finance professional
    Decent work/life balance, entirely dependent on function and segment of company

    Cons

    No training
    Company is now being VERY stingy with promotions
    Performance review process is not transparent
    Slow pace
    Conservative culture
    Low salary for job description and location
    Dearth of opportunities not related to Earned Value Management, which is not a skill transferable to any other industry worth mentioning

    Advice to ManagementAdvice

    Change the culture, don't just pay it lip service

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. Not a bad place

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

    I have been working at Lockheed Martin full-time

    Pros

    9/80 schedule. Big company to move around on campus and at different locations world wide. Good work life balance depending on the program you are working, but in general its a typical work week. On site gym. The onsite cafe is so-so. It's not the best or best priced, but its convenient. People tend to be pretty nice. Nothing out of the ordinary with big corporations. You have the complainers that VPs and higher ups are too high paid, yada yada, and then you have the people who just get stuff done without complaining. In general it's a good place to work. Personal growth is definitely there if you are a go getter!

    Cons

    The only major con I see is that its a slow paced environment if no major contracts have been won. Also with any Aerospace job, you might be stuck creating a bracket/widget for years without ever seeing one made. There in a transition phase right now which causes a little bit of disconcern.

    Advice to ManagementAdvice

    Way too many layers of management. Simplify it and make leaders accountable for things that matter, not pie in the sky phony schedules. Put pressure on workers when deadlines are necessary, not just because you can.

    Recommends
    Positive Outlook
    Approves of CEO
  10. Systems Engineering Staff

    Former Employee - Systems Engineer Staff in Sunnyvale, CA
    Former Employee - Systems Engineer Staff in Sunnyvale, CA

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

    Pros

    The assignments are challenging and good working environment. The company values standard is high.

    Cons

    Training does available to employee. Personal growth is for selected employee only. Benefits being taking away to meet company affordability goals.

    Advice to ManagementAdvice

    Do the right thing. Bring the best out of every employee abilities. Be an effective leader.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful

    Good place to start your career, tough to stick around at the middle.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Integration Analyst Staff in Sunnyvale, CA
    Current Employee - Systems Integration Analyst Staff in Sunnyvale, CA

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

    Pros

    -Unique products and programs you can't find anywhere else
    -Large percentage of staff will be eligible for retirement in 5-10 years so I imagine there will be a lot of opportunities in that window.
    -Fast promotion and pay increases during first 5-10 years out of college.

    Cons

    -Slow to change/innovate because of older culture and size
    -Some groups have 30+ people badged to a single manager
    -Very difficult to get promoted once you reach a certain point
    -Limited opportunities to
    -How much you enjoy your job and how you are promoted can be very impacted by whether or not you have a good manager. I have seen and had both good and bad managers and my career and job satisfaction have been a function of how good or bad the person in charge is.

    Advice to ManagementAdvice

    -Stop cutting infrastructure. You can't innovate and modernize your workplace and also continually slash budgets at the same time.

    Neutral Outlook
    Approves of CEO

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