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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 $78,520 per year. Pay at Lockheed Martin is significantly lower than some of its highest paying competitors, like Microsoft, Qualcomm, and Dell, which pay $124,093, $105,803, and $94,992, 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

Aerospace And Defense

Revenue

$53.8B

Employees

105,000

Founded in

1995

Headquarters

Bethesda, MD

Website

lockheedmartin.com

Organization Type

Public

Is This Your Company?

The Team At Lockheed Martin

Key People

    Frank John (Chief Operating Officer)

    Marillyn Hewson (ceo)

    Jim Taiclet (President and Chief Executive Officer)

    Rich Zoladz (Manager)

    Kenneth Possenriede (Executive Vice President and Chief Financial Officer)

The Culture At Lockheed Martin

Information provided by the company
Join the Lockheed Martin team and join the company that has developed and flown the most innovative solar array designs in the industry, including the largest solar array ever deployed in space, the International Space Station Solar Array Our team supports all lines of business at Lockheed Martin which means you could be designing solar arrays that power the next mission to Mars or the next generation of GPS satellites that protect and defend our nation
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At Lockheed Martin Rotary and Mission Systems, we are passionate about innovation and integrity We believe that by applying the highest standards of business ethics and visionary thinking, everything is within our reach - and ours as a Lockheed Martin employee.
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Do you have a passion for working on emerging technologies Navy Strategic Programs (NSP) is experiencing significant growth and we need your expertise to deliver amazing new technologies to our customers.
Do you have a passion and dream to be a difference maker Are you looking for a growth opportunity where you can contribute to a very important mission Do all things outer space intrigue you
Be a part of the company that has developed and flown the most innovative solar array designs in the industry, including the largest solar array ever deployed in space, the International Space Station Solar Array You could be developing solar arrays that power the next mission to Mars, the next generation of GPS satellites or the satellites that protect and defend our nation
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Lockheed Martin Reviews

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Situational telecommuting Show More
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Flexible schedule and paid time off Show More
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Zippia User ? July 2020

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What Do You Like About Working There?

It's inside out of the heat, the co-workers, and the availability to switch job types within the area. Show More

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Retirement, health and dental, and short/long-term disability. Show More
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What Do You Like About Working There?

Provides alot of in-house resources, and organizations Show More

What DON'T You Like About Working There?

Lack of opportunities to learn new areas Show More

What Are Your Favorite Benefits/Perks?

off- Fridays Show More
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Zippia User ? May 2020

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I like the different projects as well as its importance of them. Show More

What DON'T You Like About Working There?

The limited access of getting a permanent position with the company. Show More

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Working every other Friday 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.

Read more about how we rank companies.

Lockheed Martin Salaries

How much does Lockheed Martin pay?
The national average salary for a Lockheed Martin employee in the United States is $78,798 per year. Employees in the top 10 percent can make over $108,000 per year, while employees at the bottom 10 percent earn less than $57,000 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 $78,798, different roles can command different wages.

The higher paying positions at Lockheed Martin include program manager, project manager, human resources business partner, and subcontract administrator.

A typical program manager salary at Lockheed Martin is $107,444 per year.

To get a better sense of the salaries at Lockheed Martin, other roles such as customer service representative and security guard can be considered as well. For comparison, the title customer service representative at Lockheed Martin earns $34,688 per year.

Lockheed Martin Careers

On average, employees at Lockheed Martin stay with the company for 5.0 years. Employees most commonly join Lockheed Martin after leaving US Army. When they leave Lockheed Martin, they most frequently get their next job at Northrop Grumman.

Average Length of Employment
Raytheon5.0 years

Lockheed Martin

5.0 years
Top Employers Before Lockheed Martin
US Army16.5 %
U.S. Navy13.6 %
Boeing7.7 %
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Top Employers After Lockheed Martin
Boeing11.5 %
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Lockheed Martin Employee Demographics

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Lockheed Martin Employees Education

Of the 105,000 employees at Lockheed Martin, 11.2% attended University of Central Florida. Employees at Lockheed Martin most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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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 United Space Alliance, KAPL, and Sikorsky Aircraft. Employees at the parent company, Lockheed Martin, earn $78,520. In comparison, the salaries at United Space Alliance, KAPL, and Sikorsky Aircraft are $74,305, $73,868, and $68,213.
Company
Average Salary
United Space Alliance
United Space Alliance
$74,685
$75k
KAPL
KAPL
$73,868
$74k
Sikorsky Aircraft
Sikorsky Aircraft
$68,013
$68k
Derco Aerospace
Derco Aerospace
$60,526
$61k
Sikorsky Support Services
Sikorsky Support Services
$52,749
$53k
Keystone Helicopter Holdings
Keystone Helicopter Holdings
$50,778
$51k
Sikorsky Global Helicopters
Sikorsky Global Helicopters
$48,693
$49k

Lockheed Martin Competitors

Competitors of Lockheed Martin include Microsoft, Qualcomm, and Dell.

Employees at Microsoft earn more than most of the competition, with an average yearly salary of $124,102.

Employees at Qualcomm earn an average of $106,001 per year, and the employees at Dell earn an average salary of $96,274 per year.

Company
Average Salary
$124,102
$124k
$106,001
$106k
$96,274
$96k
$92,412
$92k
$88,531
$89k
$84,992
$85k
$78,721
$79k

Frequently Asked Questions about Lockheed Martin

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 aerospace and defense 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, General Dynamics, Boeing, L3 Technologies, United Technologies, Harris, HP, IBM, Intel, Booz Allen Hamilton, Dell, Sikorsky Aircraft, Microsoft, TriZetto Healthcare Products, Science Applications International ..., Leidos, Qualcomm, BAE Systems, Texas Instruments.

Who works at Lockheed Martin?

Frank John (Chief Operating Officer)

Marillyn Hewson (ceo)

Jim Taiclet (President and Chief Executive Officer)

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Where is Lockheed Martin's headquarters?

Lockheed Martin's headquarters is in Bethesda, MD.

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Updated May 18, 2020

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.

Lockheed Martin may also be known as or be related to LOCKHEED MARTIN CORP, Lockheed Martin, Lockheed Martin Corporation, lockheed and lockheed missiles and space company.


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