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Lockheed Martin

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Lockheed Martin reviews

4.1

84% would recommend to a friend

(14,564 total reviews)
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James D. Taiclet

83% approve of CEO

73% positive business outlook

Lockheed Martin has an employee rating of 4.1 out of 5 stars, based on 14,564 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lockheed Martin employee rating is in line with the average (within 1 standard deviation) for employers within the Luft- & Raumfahrt, Verteidigung industry (3.6 stars).

Reviews by job title

15K reviews
4.0
Nov 29, 2008
Recommend
CEO approval
Business Outlook

Pros

The company has a wealth of information and experience that form an excellent foundation with which to start a career. The knowledge that can be gained in working with some of the older, experienced engineers really is priceless. Lockeheed's benefits package is extremely good. New hires (at least within Aeronautics) are receiving three weeks vacation per year. Aeronautics is also on a flex time, 9/80 work schedule. Employees on the 9/80 schedule work 9 hours per day and have every other Friday off. Flex time must be worked out with your individual supervisor, however core hours (which everyone must work) are from 9 am to 3 pm. The hours each employees works outside the core hours is largely up to them as long as 40 hours are worked per week.

Cons

Lockheed is an extremely large company and as a result, building a name for yourself and getting noticed within the company can be more difficult than at smaller companies. That is not to say that you are not rewarded for your work, but that a little extra effort is needed.

5.0
Nov 27, 2008
Recommend
CEO approval
Business Outlook

Pros

Weekly paychecks, paid overtime, flexible schedule, 9/80 work weeks, 3 weeks starting vacation + 12 to 13 paid holidays each year, 401k matching, total health care plan, on campus gym (membership reimbursed), ability to change to any open job after 12 months in current position, state-of-the-art technology & programs, graduate degree reimbursement, diverse new-hires, travel opportunities, earn security clearance, lots of company paid training, alumni gift-matching program, volunteer opportunities in local community, leadership development programs, leadership association, "LMents" social networking group, certified managers programs, employed by core & deployed to programs for job security, research library, "Brooks Center" training and computer resource open 24 hours.

Cons

15,000+ employees at the Fort Worth plant. Being a new employee can feel like being a freshman on a big campus. Very large, multi-year aeronautic programs are hard to comprehend in total. You must read up on all programs to learn what aspects are most appealing in order to move to a position that makes you happy. Career management is in your hands. Your managers will not promote you automatically, you must be your own promoter. HAving a bachelor's degree differentiates you from members of society with 4-year degrees, but at Lockheed Martin degreed employees are a dime a dozen. You will eventually need a graduate degree to move to the upper echelons. CEO Bob Stevens and company VP's and directors are outstanding, but lower-level managers do not appreciate new initiatives such as Full Spectrum Leadership and diversity. They care about their schedules & budgets, which is understandable, but they don't appreciate extra-curricular achievements. They work 40 hours & go home. EVERYONE should see Lockheed Martin as THEIR company.

1.0
Nov 7, 2008
Recommend
CEO approval
Business Outlook

Pros

Management seems to respect work/life balance, and recognize the aging of their workforce. They're currently one of the most financially stable employers (given the current economic climate), but are known for mass layoffs on occasion. If you're a lazy person, the corporation seems to tolerate your doing the bare minimum, find a place for you, and allow you to remain as long as you don't bother anyone else. The benefits package seems pretty good.

Cons

Don't do it! If you're young, bright, energetic, want to take risks and do really cool work without being bogged down with horribly burdensome amounts of process and paperwork, go somewhere else if you can help it. The organization moves slowly in terms of technology and its people - it's top heavy, and loathe to get rid of dead wood within the company. You WILL wade through several layers of documentation and authority to complete any task, and you WILL encounter resistance when trying to streamline operations. Don't expect to be creative in your job, either - as a result of the fore-mentioned paperwork, this company runs on legacy systems and knowledge and hardly tolerates change. Expect a lot of classically apathetic employees who are 50+ years old going through the motions of their work, and a smaller number of people who are < 30 doing the same thing (they tend to go elsewhere after a couple of years, and with good reason). The exceptions to these demographics are a rapidly ascending small group of middle managers to fill the gap, and possibly the most unnerving group of young corporate climbers in the technical leadership programs. (Anecdotally, most participants are from lower tier schools - but to be fair, they're simply indicative of the value placed on interpersonal skills that fit the company culture over raw technical ability. That's well within the corporation's prerogative, and it's obviously a mutually beneficial relationship.) The young corporate climbers might not be unique to the company; but be sure you can buy into its culture before joining LM. I'm modifying my original statement. If you're young and energetic, LM might be the place for you, because with those qualities it should be easy to stand out. This is doubly true if you're a minority - you will see no one will looks like you in executive leadership (even more on the downside, you might get a lot of the old guard commenting on your "diversity" status; this has actually happened to me on several occasions). If your priorities lie more in line with doing actual engineering work, being able to concentrate on doing it well with other talented folks and being surrounded by people who feel the same way, go someplace else. Essentially, this company relies on stale processes and systems rather than on true innovation and efficiency.

Viewing 583 - 585 of 14,564 Reviews

Glassdoor has 16,703 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.