Pros
Work life balance (flexible, part time, remote options) Internal mobility Training opportunities (this has expanded a lot recently)
Cons
Processes are very slow and inefficient. Campuses are all cube farms. Not an attractive work environment at all compared to other companies in the bay area. Politics politics politics. Approvals for everything and take forever. Unwilling to use latest tools and technology, and trading good technologies off for sub-par/unproven ones. Management at the top is still stubborn defense minded, unwilling to change. Re-org for every new VP that comes in. Pay packages are improving but still not on par with other bay area tech companies. The end product and work itself is uninspiring. Lockheed makes products for war and lobbies Congress to bribe them to buy more "war" products. They also fund their unethical lobbying practices with employee paychecks.