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Working At Lockheed Martin

Zippia Score 4.9

Lockheed Martin overview

Lockheed Martin Corporation is an American global aerospace, defense, security and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995, and Loral Federal Systems in 1996.
The staff at Lockheed Martin come from unusually diverse demographic backgrounds. The company is 26.5% female and 41.7% ethnic minorities. Lockheed Martin employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 56.3% of employees identifying as members of the Republican Party. Despite their political differences, employees at Lockheed Martin seem to be happy. The company has great employee retention with staff members usually staying for 5.1 years. The average employee at Lockheed Martin makes $92,062 per year. In comparison, some of its highest paying competitors, like Microsoft, Qualcomm, and Booz Allen Hamilton, pay $134,996, $108,042, and $95,317, respectively.
Lockheed Martin is an industry leader with 105,000 employees and an annual revenue of $53.8B that is headquartered in Bethesda, Maryland.

The Organization’s Mission

We solve complex challenges, advance scientific discovery and deliver innovative solutions to help our customers keep people safe.

Industry

Professional Services

Revenue

$53.8B

Employees

105,000

Founded in

1995

Headquarters

Bethesda, MD

Website

lockheedmartin.com

Website

lockheedmartin.com

Organization Type

Public

Is This Your Company?

The team at Lockheed Martin

Key People
  • Marillyn Hewson (ceo)
  • Rich Zoladz (Manager)

What do people say about Lockheed Martin

5.0

Zippia Official LogoZippia UserJanuary 2020

What Do You Like About Working There?

I like the flexibility of being able to work from home or in the office. There is also a lot of opportunity to grow. Show More

4.0

Zippia Official LogoZippia UserDecember 2019

What Do You Like About Working There?

Work is interesting and meaningful Show More

5.0

Zippia Official LogoZippia UserNovember 2019

What Do You Like About Working There?

Freedom to do my job and extensive training. Show More

5.0

Zippia Official LogoZippia UserOctober 2019

What Do You Like About Working There?

Benefits and work and the people Show More

3.0

Zippia Official LogoZippia UserOctober 2019

What Do You Like About Working There?

Constantly learning new things. Very interesting projects and programs Show More
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Lockheed Martin Rankings

Lockheed Martin is ranked #50 on the Best Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Lockheed Martin Salaries

How much does Lockheed Martin pay?
The national average salary for a Lockheed Martin employee in the United States is $92,062 per year. Employees in the top 10 percent can make over $141,000 per year, while employees at the bottom 10 percent earn less than $60,000 per year.
9.7
Salary Score
Average Employee Earnings

Lockheed Martin Salaries By Job Title

While Lockheed Martin employees earn an average yearly salary of $92,062, different roles can command different wages. The higher paying positions at Lockheed Martin include Project Leader, Team Leader, Program Manager, and Systems Engineer. A typical Project Leader salary at Lockheed Martin is $124,059 per year. To get a better sense of the salaries at Lockheed Martin, other roles such as Security Guard and Security Officer can be considered as well. For comparison, the title Security Guard at Lockheed Martin earns $28,541 per year.
RankTitleAverage
1
Project Leader
$124,059
2
Team Leader
$119,131
3
Program Manager
$117,598
4
Systems Engineer
$111,749
5
Software Engineer
$108,173

Lockheed Martin careers

On average, employees at Lockheed Martin stay with the company for 5.1 years. Employees most commonly join Lockheed Martin after leaving US Army. When they leave Lockheed Martin, they most frequently get their next job at Boeing.

Average Length of Employment
Boeing6.4 years

Lockheed Martin

5.1 years
Raytheon5.0 years
Top Employers Before Lockheed Martin
US Army14.8 %
U.S. Navy13.2 %
Boeing8.4 %
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Top Employers After Lockheed Martin
Boeing11.5 %
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Lockheed Martin Employment Videos

Lockheed Martin Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1995

Organization type

Public

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Lockheed Martin Subsidiaries

Subsidiaries to Lockheed Martin include Derco Aerospace, United Space Alliance, and Sikorsky Support Services. Employees at the parent company, Lockheed Martin, earn $92,062. In comparison, the salaries at Derco Aerospace, United Space Alliance, and Sikorsky Support Services are $80,886, $79,616, and $75,580.

Lockheed Martin Competitors

Some of the competitors of Lockheed Martin are Microsoft Corporation, Qualcomm, and Booz Allen Hamilton. Employees at Microsoft Corporation earn more than most of the competition, with an average yearly salary of $134,996. Employees at Qualcomm earn an average of $108,042 per year, and the employees at Booz Allen Hamilton earn an average salary of $95,317 per year.

Frequently Asked Questions about Lockheed Martin

When was Lockheed Martin founded?

Lockheed Martin was founded in 1995.

How many Employees does Lockheed Martin have?

Lockheed Martin has 105,000 employees.

How much money does Lockheed Martin make?

Lockheed Martin generates $53.8B in revenue.

What industry is Lockheed Martin in?

Lockheed Martin is in the professional services industry.

What is Lockheed Martin's mission?

Lockheed Martin's mission statement is "We solve complex challenges, advance scientific discovery and deliver innovative solutions to help our customers keep people safe."

What type of company is Lockheed Martin?

Lockheed Martin is a public company.

Who are Lockheed Martin's competitors?

Lockheed Martin competitors include Northrop Grumman, Raytheon, Boeing, Booz Allen Hamilton, General Dynamics, Harris, United Technologies Corporation, L3 Technologies, Motorola Solutions, Intel, Dell, Microsoft Corporation, General Electric, Leidos, Qualcomm, Jacobs Engineering Group, AT&T, General Motors, Rockwell Collins, Caterpillar.

Who works at Lockheed Martin?

Marillyn Hewson (ceo)

Rich Zoladz (Manager)

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You can find out what it is like to work at Lockheed Martin, also known as LOCKHEED MARTIN CORP, Lockheed Martin, Lockheed Martin Corporation, lockheed and lockheed missiles and space company.

Zippia gives an in-depth look into the details of Lockheed Martin, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lockheed Martin. The employee data is based on information from people who have self-reported their past or current employments at Lockheed Martin. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Lockheed Martin and its employees or that of Zippia.