Lockheed Martin

Waverley, New South Wales, AUS
108,588 Total Employees
Year Founded: 1912

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What It's Like to Work at Lockheed Martin

Updated on January 08, 2026

This page was generated by Built In using publicly available information and AI-based analysis of common questions about the company. It has not been reviewed or approved by the company.

What's it like to work at Lockheed Martin?

Strengths in mission-driven impact, comprehensive benefits, and program-backed stability are accompanied by tradeoffs in pay competitiveness, slow progression, and milestone-driven workload peaks. Together, these dynamics suggest strong fit for those prioritizing purpose and stability within structured environments, while those seeking rapid compensation growth and fast-moving cycles may find limited alignment.
Positive Themes About Lockheed Martin
  • Mission & Purpose: Work ties directly to national security and space programs with clear real‑world significance, which many find motivating. Seeing hardware fly or systems fielded can be uniquely rewarding.
  • Benefits & Perks: Offers strong total rewards including 401(k) match, healthcare, PTO, and often ESPP, with flexible schedules like 9/80 or 4/10 in many groups. Tuition assistance, mentorship, and rotational programs further support employees.
  • Job Stability: Long program lifecycles and clear funding streams contribute to steady employment and relatively low layoff volatility versus consumer tech. As a prime defense contractor, roles are comparatively stable across business areas.
Considerations About Lockheed Martin
  • Low Compensation: Pay is competitive for defense but often trails top‑tier commercial tech for software roles, with modest equity and bonuses. Annual increases may not keep pace with cost of living in some cases.
  • Career Stagnation: Promotions can be slow, with expectations to perform at the next level for extended periods before title or pay changes. Switching domains or advancing often requires patience and internal networking.
  • Workload & Burnout: Crunch periods arise near major reviews, integration/test events, or deliveries, driving long hours. Some departments run lean, leaving individuals covering multiple roles.
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The insights on this page are generated by submitting structured prompts to some of the most popular large language models (“LLMs”) and summarizing recurring themes from the responses. Because the insights are generated using AI, they may contain errors. The insights do not necessarily reflect internal data, employee interviews, or verified company information. They may be influenced by incomplete, outdated, or inaccurate data, and may vary across LLM providers. These insights are intended for informational purposes only and should not be interpreted as a factual or definitive assessment of a company's reputation. Built In makes no representations or warranties regarding the accuracy, completeness, or reliability of this information, and disclaims any liability for any actions taken based on this information. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.
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