Lockheed Martin Employee Reviews about "large company"

Pros

Solid reliable employment, benefits and average oay

Cons

Large company problems like slow processes and long decision times

Pros

LM is a large company, my experience has been: relaxed environment, management is easy going, decent work life balance until project heats up which is normal. Good tuition reimbursement. Easy place to hang your hat for a while if you aren't concerned about promotion time or pay.

Cons

401k matching is 4% High Deductible Health Insurance Non-Competitive Pay High Turnover Management is okay with seeing people leave Beancounters and Non Technical People in Technical Management Positions Big Push to keep engineers within LM however their pay is sub par Deadwood Promoting based on time and not knowledge

Pros

Job security, cool things to work on, assigned mentors, education assistance, internal training, internal development programs, standard HDHP but with low costs and HSA with yearly company contribution incentives, excellent 401k match with immediate vesting, excellent PTO policy, 4x10 schedule with flex, good pay, good raises with decent bonus, lots of sites across many states, WFH flexibility

Cons

Starting pay lower than other industries. Raises aren't much more than annual US inflation. Being a large company, change is slow. Promotion path not clearly laid out and primarily time-based rather than performance-based. Assigned technology not great and lacks customization for individual roles. New software slow to become available because of security vetting. Not much coordination between business units (Aero, Space, RMS, MFC); feel like four separate companies. Transfer opportunities between company sites and business units challenging to secure.