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Lockheed Martin

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Lockheed Martin reviews

4.1

83% would recommend to a friend

(14,500 total reviews)
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James D. Taiclet

81% approve of CEO

72% positive business outlook

Lockheed Martin has an employee rating of 4.1 out of 5 stars, based on 14,500 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
5.0
Jan 19, 2017
Recommend
CEO approval
Business Outlook

Pros

Great pay, good benefits, excellent retirement and pension if you are lucky.

Cons

This environment is highly competitive and employs top candidates. In order to excel you have to be willing to do what others won't while increasing your value and knowledge within your area of expertise. I wish I had taken adavantage of their college internships when pursuing my BS. They also have a great Leadership Development program designed for those pursuing degrees while currently working. The experience and exposure you get while rotating through the various business units is priceless. All-in-all you get out what you put into it. If you are self-sufficient and willing to seek in order to find answers, this environment will surely challenge you in many different aspects of your career.

1.0
Oct 10, 2018

Is it worth it.....

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It’s a job Will look good on your CV

Cons

Every other Friday off doesn’t feel like a benefit at all, as your so tired from squeezing 10 days into 9 that by the time the Friday off comes around it hardly seems enjoyable. Don’t be fooled there is zero opportunity for any form of career progression even though your clearly and noticeably over qualified and have more intelligence than most you will be put down and never offered anything to keep your commitment alive. Salaries do not match skill sets at all and it’s a lower pay company, you will be given a lesser job title and paid the relevant salary but trust me you will be undertaking work way above your pay grade with hardly any gratitude. As a company they do not look after there own permanent staff are treated no differently from contractors or temp staff with very little difference in benefit, so it feels like it’s not worth working extra hard to achieve that permanent employee status. You are just a number to HR and senior management, they won’t even know your name.

5.0
Dec 12, 2014
Recommend
CEO approval
Business Outlook

Pros

I have been here about a month, and will share my experiences so far: Great Work Life Balance- I started in mid-November right before Thanksgiving. First week had Friday off, next week 2 days off (thanksgiving and day after, Paid), The next week had Friday off again. This is my first full working week and it has been great. Fridays are generally easier because people are out. I have met some people that never work Fridays too. Vacation Time- 3 weeks paid vacation starting, 25 off Fridays, 11 paid federal holidays. 5 sick days and 3 personal days. Great Co-Workers- I was blessed to be with a pretty young crowd, mid to late 20's early 30's. Of course there are some a bit older, but it's a good mix. Team Environment- Happy hour every Thursday before our off Friday. The last Friday of every month we celebrate that months birthdays with a small party (food and drinks). Monthly Cooking Competitions.( last month we had 50+ different salsas and dips) January is desserts Nice Equipment- I was given a nice laptop and case my first day. Lots of office supplies, 2 computer monitors, Ice/Water machine.. No Micro-Management. Have yet to feel like my manager is constantly watching over me. Work Environment- Probably the best part about Lockheed Fort Worth, this is where we assemble the JSF F-35 Lightning II and the F-16 Fighting Falcon. I can take a 5 minute walk and be staring at complete fighter jets (that will actually be flown, possibly in combat, and are not sitting in a museum). It is incredible Products: We build the worlds leading technology. There are many more, but to name a few: 1) Orion Spacecraft that flown 12/5/2015 around the earth, may take people to mars, and was the farthest flown Man-able capsule in 40 years 2) SR-71 Blackbird, the fastest air breathing manned aircraft ever 3) The worlds first and only Nuclear Fusion reactor 4) F-35 Lightning II All built by Lockheed Martin The Worlds Largest Defense Contractor and a Fortune 500 Company- Number 59 in 2014 Compensation- I received offers from BAE Systems, OHA Private Equity, and Warren Douglass. Lockheed had the highest salary, and a sign on bonus. Started at 55k with 1k sign on. ( BBA in Accounting 3.4 GPA from A&M in 2.5 years) Generally Upbeat- Any person you meet is willing to help you. My 3rd day here I was lost looking at a fire evacuation map on the wall (having no sense of direction) a woman stopped and asked me if I was lost, I told her I was, and where I was trying to go and she walked me directly to the office. She didn't just point and say some directions that I likely couldn't have followed; we walked together, and showed me some landmarks incase I got lost again. We had a great conversation too. 9/80 Schedule- 9/80 means you work the following schedule: M-9hrs, T-9, W-9, R-9, F-8; M-9, T-9, W-9, R-9, F-OFF. Most corporate jobs require 9 hours a day anyway, and never get Fridays off. Flex Time- If you need to leave early one day, or know you will be leaving early in the future you can work extra an extra hour or two one day and take off early the next. Mostly use it only when you need to. Hours- If you come in at 6 you can leave at 3 (with no lunch). I get in at 7 a.m. and usually leave at 4:30-5. Retirement Plan- We have a pretty great retirement package, a top competitor of any Fortune 500 Company. The total company contribution is roughly 7%. Capital Contribution 3%, SSP Company match up to 4% (at 8% employee contribution), so maxing out your marginal contribution totals up to 15% toward retirement. Considering that the average American saves <5% per year, Lockheed is pretty good. Telecommuting/ Work From Home- I have yet to work from home but there are some in my office that do, and I was told in my first day lunch meeting with my manager that I will be able to after about 6 months. Some departments let you work one day from home every week, just depends on your department. My HR rep was one of those that did. Last Thing- Don't believe all you hear about not being noticed and the company being too big to succeed. If you work hard, and get stuff done you will move up fast. I was concerned about this when I started but after asking around I found that you will typically jump a level every year to 15 months which means a minimum of 10k raise, plus a yearly performance bonus of about 4%. A girl in my office jumped 2 levels in 18 months. Transferring to a different business unit can make that process go faster, and usually will get a bigger than a 10k raise (unlikely to be more than 15k) until you have had 7-12 years of service and are getting a manager, senior manager, or director role. Pay raises are based on how much effort you put in. I have met some people that have not attempted gain access to the computer systems after over a month of being here, (which is critical to get actual work done) yet I got all my security clearance and system access in 4 days. I also ask for work to do, and am happy to do the repetitive tasks that slow down my teammates.

Cons

The Walk- Depending on where you work the walk could be 10+minutes from your car. Luckily, my area of the building is close to a main entrance and non-numbered parking, allowing me to get inside and sat down in less than 5 minutes. A motorcycle guarantees close parking and a short walk. The Food- The food found in Aero Café and 50 Foot Isle is overly expensive. Easy to spend 8-12$ on a meal on food that is decent quality. Aero Café has a bigger selection and some less expensive choices but is easily a 800 meter walk from my office. No Covered Parking- I have seen a handful car with paint peeling and fading from baking in the sun for hours on end. I am debating purchasing an older used car as a commuter to work simply for that reason.

Viewing 16 - 18 of 14,500 Reviews

Glassdoor has 16,633 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.