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Lockheed Martin

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Lockheed Martin Engineer reviews

3.8

61% would recommend to a friend

(231 total reviews)
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James D. Taiclet

62% approve of CEO

62% positive business outlook

Engineer employees have rated Lockheed Martin with 3.8 out of 5 stars, based on 231 company reviews on Glassdoor. This indicates that most Engineer professionals have a good working experience there. Lockheed Martin is rated in line with the average (within 1 standard deviation) by Engineer professionals compared to other employers within the Luft- & Raumfahrt, Verteidigung industry (3.6 stars).

Reviews by job title

231 reviews
4.0
Apr 4, 2014

Good

Recommend
CEO approval
Business Outlook

Pros

Massive company with lots of reach back. They do some pretty cool stuff and it's interesting to get exposed to it all.

Cons

Massive company, you're a cog in the machine. They're tenacious about pursuing business and expect a lot of their Biz Dev staff.

3.0
Mar 12, 2014
Recommend
CEO approval
Business Outlook

Pros

-Interesting projects (especially for R&D or projects designing new systems). Work on projects that can have a big impact or addresses an important government need. You get the opportunity to create systems or products that are very tangible/deployable and protects lives. -Work-life balance (though this is changing and getting worse) -Flexible schedule - for engineers, it is generally not a problem if you come into work later in the day but also stay a little later at night to get work done. Very helpful for doctors appointments or picking up children for events. -Engineering colleagues are generally pretty collegial, and you may get to work with some very brilliant people -401k with company match, 100% vested immediately -Well known defense contractor

Cons

-Not a "hot" technology employer. LM does not have the pull or allure of a Google/Amazon. -A lot of the systems you will work on are very old/outdated, and the skills you develop here will only be helpful in the defense industry. Especially for software programmers, a lot of the languages used are fairly old, and from what I have seen from friends looking to transition over into the commercial tech sector, the skills you develop here are not attractive to other employers. -Bureaucratic and slow paced; decisions need buy-in from multiple different managers (even if they are only tangentially related to the project), which requires many meetings and follow on meetings. -Overall compensation package is not good. Salaries are below market average. No year end bonuses. Employees' performance is graded on a normal curve, and the nominal wage increase barely beats inflation. Health insurance plan is a common complaint among employees. -Job security: current cuts in the defense budget and projected slowdown in defense expenditures point to a lot of belt tightening. LM has gone through a series of layoffs over the last few years. This has led to poor morale and has further exacerbated the next point: -Political, territorial, and top heavy management. Some projects have more managers than actual engineers/workers. Some managers have no understanding of the technical product they are overseeing, which can lead to bad decisions and stressful/unreasonable demands on engineers. -Lack of diversity.

4.0
Mar 5, 2014
Recommend
CEO approval
Business Outlook

Pros

Lots of freedom and trust, and plenty of flexibility in my work schedule.

Cons

Once locked in at your starting salary, the annual pay increases aren't very substantial. It takes a lot of time to be properly rewarded financially for your work.

Viewing 193 - 195 of 231 Reviews

Glassdoor has 16,650 Lockheed Martin reviews submitted anonymously by Lockheed Martin employees. Read employee reviews and ratings on Glassdoor to decide if Lockheed Martin is right for you.