Lockheed Martin Financial Analyst Reviews | Glassdoor.co.uk

Lockheed Martin Financial Analyst Reviews

Updated 16 May 2018
113 reviews

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Financial Analyst

3.2
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Lockheed Martin Chairman, President and Chief Executive Officer Marillyn Hewson
Marillyn Hewson
55 Ratings

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  1. Helpful (3)

    "Slow Company with Minimal Visibility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Financial Analyst in Sunnyvale, CA (US)
    Current Employee - Associate Financial Analyst in Sunnyvale, CA (US)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Lockheed Martin full-time (More than a year)

    Pros

    Job security, upward mobility if you put in significant years. Work/life balance is by far the best thing about this company due to the 9 x 80 schedule.

    Cons

    There is room for upward movement within the company but it takes quite a bit of time. Compensation is a bit low for Silicon Valley standards. The company is not flashy and does not offer many perks. Rotational programs are highly competitive and not particularly effective.

    Advice to Management

    Make Lockheed a company that people want to work at and attract top talent instead of relying on the 'mission' to bring people in.


  2. "Too lenient on government contracts and disloyal to workers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Smyrna, GA (US)
    Current Employee - Financial Analyst in Smyrna, GA (US)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Lockheed Martin full-time (More than 3 years)

    Pros

    This company will be around forever. The government likes to act as though it could do without LM to negotiate lower rates but they are just as dependent. LM offers “competitive” health benefits. Very flexible work schedule depending on your management. Work from home options.

    Cons

    Underpaid finance and engineering teams. Understaffed to meet headcount challenges placed by a top heavy management. There are about 30 program managers being supported by 6 program financial analyst. There are thousands of engineers working outdated aircraft. LM needs to get back to being competitive.

    Advice to Management

    Stop hiring so many upper level managers and focus on making your support teams happy.

  3. Helpful (3)

    "Financial Analyst Staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Multi-functional Financial Analyst Senior in Littleton, CO (US)
    Current Employee - Multi-functional Financial Analyst Senior in Littleton, CO (US)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than 10 years)

    Pros

    Flexible environment, well above average benefits, 90/80 work schedule, interesting products, diverse workforce, it's very large so there are lots of geographic locations and programs to choose from.

    Cons

    Not all business units are created equal. LM Space needs some corporate intervention to clean up their rotten culture of extreme cronyism. No career growth. Availability of promotions and development programs are entirely based on knowing the right people, which means many high performers get stuck and unable to progress. All the opportunities go to the same people. The age discrimination has gotten very blatant, again.

    Advice to Management

    Implement policies to alleviate the nepotism and cronyism and get new Human Resources executive who will ensure all employees are treated fairly. Get some good lawyers cause I would expect you to get sued one of these days for your blatant age discrimination.


  4. "Great company to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Multi Functional Financial Analyst in Fort Walton Beach, FL (US)
    Current Employee - Multi Functional Financial Analyst in Fort Walton Beach, FL (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than a year)

    Pros

    Meaningful work that keeps you engaged and excited. You'll get amazing experience for this industry. Locations worldwide! Company culture isn't conservative and stuffy. Amazing coworkers and management. What more can you ask for?

    Cons

    Work-Life balance changes depending on what location you are at. Pay could be better and annual merit raises are extremely political.

    Advice to Management

    The merit raise system needs an overhaul.


  5. "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst
    Current Employee - Financial Analyst
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Lockheed Martin full-time (More than 5 years)

    Pros

    Decent place place to work

    Cons

    moving in 2018 to expensive, high deductible health plans


  6. "adf"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Mount Laurel, NJ (US)
    Current Employee - Financial Analyst in Mount Laurel, NJ (US)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than 3 years)

    Pros

    Great work-life balance with 9/80 schedule

    Cons

    Crowded middle management structure which makes it difficult to get promotions

    Advice to Management

    no advice to offer management


  7. "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Analyst in Montreal, QC (Canada)
    Former Intern - Financial Analyst in Montreal, QC (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Lockheed Martin as an intern (More than a year)

    Pros

    - Flexible Work Schedule (every 2nd Friday off)
    - Great team for the most part

    Cons

    - People overstep their authority & get emotional over work
    - Location isn't great

  8. Helpful (3)

    "Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Government Financial Analyst in Fort Worth, TX (US)
    Current Employee - Government Financial Analyst in Fort Worth, TX (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lockheed Martin full-time (More than a year)

    Pros

    Great benefits, vacation time (10 hrs a month), and lots of opportunities to move around

    Cons

    Lots of rules, and regulations since they are a government contractor and some rules are a little outdated (leftover from the 60s). You work 9 hours days (9/80 schedule) and some areas mandate a 45 min lunch. So you are at the office for a long time per day.


  9. "Cog in the system"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Multi Functional Financial Analyst Asc in Sunnyvale, CA (US)
    Former Employee - Multi Functional Financial Analyst Asc in Sunnyvale, CA (US)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Lockheed Martin full-time (More than a year)

    Pros

    Job security, industry stability, decent starting pay, excellent pay at higher levels. Well respected company that looks good on a resume.

    Cons

    Small raises, few opportunities for advancement at lower levels. Very traditional, not a lot of room for innovation on the non-technical side. Can feel insignificant in supporting roles

    Advice to Management

    Invest in your younger talent and offer straightforward objectives that provide advancement opportunities earlier.


  10. Helpful (1)

    "Steer Clear!! It's no longer the Sikorsky everyone loved!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Stratford, CT (US)
    Former Employee - Financial Analyst in Stratford, CT (US)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Lockheed Martin full-time (More than 8 years)

    Pros

    Location was close to home

    Cons

    Culture has changed for the worse since Lockheed Martin purchased company

    Vacation/time off is less than previously offered by UTC - not competitive among today's large corporations

    Annual incentive bonuses are a thing of the past

    Turnover of management and seasoned employees increasing

    Very low morale

    Small raises

    Outdated policies

    Silo Organization

    Advice to Management

    Sikorsky was an enjoyable place to work and employees loved the culture. I would recommend LM stop trying to impose so much change on employees in a short time. A 9/80 flex schedule will not make up for a cheap vacation policy. Employees are loyal to The Sikorsky grand. This is an old company. LM has given the impression to many that the Sikorsky brand will be phased out. You will have more employees running out the door if things sent turned around. Maybe this is what LM wants...