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Lockheed Martin

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Lockheed Martin reviews

4.1

84% would recommend to a friend

(14,562 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 14,562 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
2.0
Aug 17, 2013
Recommend
CEO approval
Business Outlook

Pros

*NONE* All of the good reasons for working here have vanished over the past few years. In years past, engineers were valued employees and it was possible to enjoy a technical career. Recently a ceiling seems to be preventing engineers from going over a level 4 labor grade. Options used to be available to transfer to different divisions in other areas of the country but with sequestration going on, there seem to be very few openings anywhere.

Cons

The medical insurance offered is so bad it's virtually non-existent. There are no choices, only an Aetna administered plan is available. Deductibles are $2,500/yr. In-plan doctors are extremely hard to find or get appointments with, especially one that speaks English. Nearly every division in the company is experiencing high levels of layoffs and threatening to reduce salaries of many remaining engineers in the 4th quarter of this year. Many long-term employees (over 20 years) have been laid off this year with only 2 weeks notice. Very few people have received raises over the past 4 years.

2.0
Jul 18, 2013
Recommend
CEO approval
Business Outlook

Pros

The turnover rate is very high at this location, so there is a constant influx of young engineers. The culture (within the engineering group) was great. Experience with exotic materials, some limited design opportunities (tooling, manufacturing "widgets", etc.) 3 weeks vacation and a week long plant shutdown.

Cons

Compensation. This location in particular is hemorrhaging engineers because of the lack of competitive compensation. Most of my peers started in other industries for 20%-50% more than Lockheed pays. Difficult to get promotions, raises are 2%-3%. No bonus for engineers, but hourly employees receive a quarterly bonus. Excessive red tape. It is very difficult to get anything accomplished at Lockheed Martin. At this particular location, there is no accountability for touch labor. Quality defects are blamed on the process (and thus the engineer), even when video evidence proves otherwise. Management's fear of unionization protects the touch labor from accountability for quality or conduct. After several years of working for Lockheed Martin, I left and accepted an engineering position in the oil and gas industry for 50% more money.

1.0
Jul 3, 2013
Recommend
CEO approval
Business Outlook

Pros

Higher than average salaries, strong US parent performance, worked with a few exceptional engineers, pleasant facilities.

Cons

Poor recruitment process - operate a bums on seat policy to demonstrate resourcing up of the projects to customers, regardless of whether that function is required at that time. Leads to long stints in the wrong post, as evidenced by the low staff moral and significantly higher than the UK average turnover for the business as a whole. The electronics function was the poor relation, under respected and not empowered. There was a strong preference by senior management to subcontract even the simplest electronic design activities to its own competitors while the internal electronics design function scratched sound for titbits. The was an exceptionally high turnover of staff from the electronics function in the three months either side of my departure with 5 perms leaving from a core team of 10.

Viewing 541 - 543 of 14,562 Reviews

Glassdoor has 16,701 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.