Lockheed Martin FAQ

Have questions about working at Lockheed Martin? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Lockheed Martin.

All answers shown come directly from Lockheed Martin Reviews and are not edited or altered.

65 English questions out of 65

October 19, 2020

What is paid time off like at Lockheed Martin?

Pros

Flexible work schedule, benefits, yearly granted PTO

Cons

Lack of opportunities for lateral movement

Flexible work schedule, benefits, yearly granted PTO

October 19, 2020

See 48 more answers

January 27, 2021

Does Lockheed Martin offer relocation assistance?

Pros

10% company match -higher than industry standard Good relocation package Plenty of work if you keep on delivering Lots of opportunities Carry over PTO higher than industry standard

Cons

Some legacy managers expect you to work unpaid overtime after reaching a certain level. Younger generations aren't getting pensions though.

Advice to Management

Realize that the newer generation appreciate student loan help and other aids such as day care- given the higher cost than ages ago; and that we are not going to be taken care of even a little when we retire (unlike older gens) because pensions are gone

Good relocation package

January 27, 2021

See 7 more answers

June 26, 2020

Does Lockheed Martin offer dental insurance?

Pros

Vision and Dental benefits are excellent. Regular pay raises, 3 sick days a year. Great awards programs.

Cons

Went from 5 to 3 sick days and cut our breaks from 4 to 2 per day. Still not a deal breaker

Advice to Management

Keep up the good work

Vision and Dental benefits are excellent.

June 26, 2020

See 3 more answers

August 18, 2020

Does Lockheed Martin have a pension plan?

Pros

1st year pay raise increase 8% plus $300 bonus with overtime available. 2nd year company match 14% in 401k.

Cons

No pension, no overtime, $3.5 billion profit and still want tax payers to give CARES ACT Funds

Advice to Management

Reward workers with overtime, especially those who work 24/7 plus hurricanes and all missions, who monitor and report critical systems alarms to point of contacts. Why pay other workers overtime who sit and do nothing all weekend, yet they qualify for overtime pay. Lockheed Martin violates their core values: Work with excellence, Respect others, Do the right thing.

No pension, no overtime, $3.5 billion profit and still want tax payers to give CARES ACT Funds

August 18, 2020

See 4 more answers

June 11, 2020

Does Lockheed Martin offer family leave?

Pros

-Lots of good people there, I enjoyed working with my colleagues. -Flexible work life balance. -Lockheed will pay for your post graduate schooling. -80 hours of Floating Holidays -Strong Ethics and Values -Good opportunities to mentor and learn -Some cool R&D projects

Cons

-Colorado Springs location used to have a cafeteria. They replaced it with a gas station like food. -There used to be more work at this area, but other contractors have beat Lockheed in some contracts Colorado Springs. With more space work coming to Colorado Springs, I'm sure they will have more opportunities. -Security - This is happening with all defense contractors, but over the last 3 years or so, Lockheed starting locking down on some processes and labs adding more work on teams to comply with stricter security measures. I found I was spending much more time with security people in meetings instead of working on building the product. -Paternity leave is not as good as some other defense contractors. -Lockheed recently combined PTO and sick time. They added 40 hours of "discretionary" time as well, but it was a little confusing when you can or can't use it. I think they should just let you use discretionary time for whatever you want. -Typical Bureaucracy Complaint: Working in different business areas feels like working for a different company. A while ago Lockheed used to be more unified as a company, but it becomes confusing who is responsible for what IT infrastructure, security, etc. when you have different business units in the same building. For example, if you work for RMS in a Space building, you might have two different security groups evaluating and randomly making requests for you to comply with security. Sometimes they even contradict each other, and don't communicate. You'll get an email from someone on the east coast demanding you make changes to your local system or a server they scanned. You then hop on a call with (I'm not even exaggerating) 20 different people who don't know each other trying to coordinate and figure out who is responsible for patching and fixing the system in question. It gets figured out eventually, the only point I'm making is it's a lot of man power to address sometimes lower priority items.

Advice to Management

Please make an effort to organize security and IT more efficiently. Having local IT and security people seemed to be more efficient. Getting random security requests from people not involved with the project, and asking the project to drop everything and fix these issues on the project's dime is unreasonable. Instead of working against projects, find ways to work with them in this area.

Paternity leave is not as good as some other defense contractors.

June 11, 2020

See 3 more answers
  • 1
  • 2
  • 3
  • 4
  • 5

65 English questions out of 65