Lockheed Martin employees working as Principal Engineer in US have attributed a compensation and benefits rating of 4.8 out of 5 stars, based on 9 ratings. This is in line with the average of Principal Engineer professionals at Lockheed Martin worldwide.
The salary trajectory of a Principal Engineer ranges between locations and employers. The salary starts at $114,579 per year (estimate) and goes up to $377,206 per year (estimate) for the highest level of seniority.
The estimated average salary for a Principal Engineer at Lockheed Martin is $242,700 per year or $117 per hour, but some professionals have reported earning up to roughly $387,842 per year (90th percentile). The typical pay range is between $191,634 (25th percentile) and $312,008 (75th percentile) annually. This is based on 15 salaries submitted by Lockheed Martin Principal Engineer professionals on Glassdoor, as of Jul 2026.
Principal Engineer professionals typically earn between $92 and $150 per hour.
Principal Engineer professionals typically earn between $15,970 and $26,001 monthly.