Lockheed Martin reviews

4.1

84% would recommend to a friend

(1,988 total reviews)
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James D. Taiclet

83% approve of CEO

73% positive business outlook

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2K reviews

Reviews about "Culture"

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3.0
Mar 29, 2014

Living in the Past

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits, decent hours if not forced to work unpaid overtime. Good people at the working level.

Cons

Senior Management that is trying to hold on to past glories in a defense industry turned upside down by falling defense spending. Management will not do whatever it takes to win business. Always afraid of shareholder reaction if profits fall below expectations. Would rather give up business than work on contracts that keep people employed but with lower profits. Highly bureaucratic and top heavy, with commensurate high overhead costs compared to competitors.

1.0
Mar 24, 2014

Going downhill

Recommend
CEO approval
Business Outlook

Pros

They had long term contracts and cant hire H-1B visas, they needed US citizens with clearance so didn't have to worry about competing with really low wages and long hours, and bad conditions. They had a company retirement but stopped it for new employees in 2006 but if you were there prior you still get it. Starting salaries are good but only for a few years when your not earning that much.

Cons

layoffs every year so you don't ask for raises or promotions, just lucky to keep your job. 40 billion pension deficit even though they stopped pension so they want most people with the pension to leave or they lay them off. Don't give raises and when they do they are nothing, have to ask senior engineers and IPTs to write a good letter of input to reviews so people just avoid you so they don't have to. Very petty and childish behavior competing to see who gets the raise and who doesn't, its every man for himself not teamwork. Manager assigns what you work on and then says you don't get a raise because of what project you were on when hes the one assigning the project.

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