Lockheed Martin reviews

4.1

84% would recommend to a friend

(14,563 total reviews)
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James D. Taiclet

82% approve of CEO

73% positive business outlook

Lockheed Martin has an employee rating of 4.1 out of 5 stars, based on 14,563 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 Aerospace & Defense industry (3.6 stars).

Reviews by job title

15K reviews
4.0
Apr 27, 2010
Recommend
CEO approval
Business Outlook

Pros

It is a very good place for a college graduate to start his/her career, especially if he/she gets into the leadership development programs (LDP). LDP practically pays for a free graduate degree and the job rotations allow a person to obtain different experiences in about half the time as a regular employee. Also, LDP does provide exposure to upper management. Overall, the benefits are good. The employee costs for the health, dental, vision, and life insurance plans are much less than many other companies out there. The funds available in the 401K are great. The costs are fairly low and many options are available. The company match of 50% up to 8% of your salary is decent. While three weeks of vacation is pretty good, many other companies either meet or beat this number. The company is good with promoting and following life/work balance.

Cons

Not all business units are created equal with benefits that are not regulated by corporate policy. For instance, some businesses allow employees to telecommute and flex their time; many other business units do not. The performance review is based on a quota and not enough is made to differentiate the successful contributors. There really are people who should be fired for poor performance and incompetence that are labeled as successful contributors. Also, you pretty much have to earn new business or perform well on bad programs in order to get the higher ratings and raises (which can be used towards higher health care costs). No matter how sexy program finance sounds, you will not like your job if your program has a lot of earned value management (EVM) requirements.

3.0
Apr 26, 2010

An ok place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Slow paced and easy to outperform coworkers. Reasonable benefits and paid vacation policy. Overall not a horrible place to work.

Cons

Noisy work environment (cubicles for all engineers). Perverse views on business: bickering with the government is incessant and makes doing good quality work difficult.

3.0
Apr 25, 2010
Recommend
CEO approval
Business Outlook

Pros

- pretty good work/life balance (except for areas like testing/manufacturing, which require weekend and evening shifts). I work an average of 40 hrs/wk, with exceptions for known crunch times, and have yet to be penalized for not working overtime. I see managers and directors leave work early to pick up their kids. Results will vary with the area and program you're working in, though, and you definitely have to be willing to pitch in extra when things get busy. - reasonably easy to move around if you're a strong performer - great vacation: 3 weeks vacation, a holiday shutdown, and every other Friday off (if your workload permits). Altogether, it adds up to about 8 weeks off per year. If you put in legwork to find projects that are interesting, ask around to see who's good to work with and then go talk to those folks (and avoid managers known to be toxic), find at least a couple of people willing to mentor you, and perform well, I think you'll find the experience you're looking for.

Cons

- most programs are not cutting-edge or fast-moving. This means if you stay in one place for too long, you could fail to maintain or develop your skills (despite corporate mantras to "continue learning"). That is career suicide. So you have to frequently look for new experiences to keep you sharp. - on that note, technical challenges are lacking; there's a high dependency on building from heritage. that's low risk, but not really exciting or difficult. it amounts to busy-work. - it's difficult to be widely recognized as a high performer without entering one of the leadership development programs. These exist at several career levels, but I can see how NOT being in one can really hurt your progression here. - if you'd like to move to a smaller company eventually, being at Lockheed could make that difficult. You might become dependent on the processes LM has in place and fail in a smaller company; even if you're great, other companies will certainly fear that this is the case. - Even if varied experiences are easy to find, promotions have decreased in recent years. So you have to push harder for them. - yes, layoffs happen, but they happen everywhere. Make sure you're on a program that's funded.

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