Lockheed Martin
Lockheed Martin

Lockheed Martin

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Lockheed Martin High Paying Jobs, Compensation Information and Expert Network Connections

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Lockheed Martin Corporation is an American aerospace, arms, defense, security, and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C., area. Lockheed Martin employs approximately 110,000 people worldwide as of January 2020.

Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It is the world's largest defense contractor, based on revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. In 2009, US government contracts accounted for $38.4 billion, foreign government contracts for $5.8 billion, and commercial and other contracts for $900 million.

Half of the company’s annual sales are to the U.S. Department of Defense. Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration.

Lockheed Martin operates in four business segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The company has received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System and most recently in 2018 for the Automatic Ground Collision Avoidance System. Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence, and is the primary contractor for the development of the Orion command module. The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution, and compact nuclear fusion.

Highest paying job titles at Lockheed Martin include Software Engineer, Systems Engineer, and System Integration and Test Engineer

Snapshot

Employees114,000
Market Cap$108.4 billion
Revenue$65.3 billion
5 Year Trendarrow trend up+10%
Net Income$6.8 billion
NYSELMT
Founded1995
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Total value of jobs:
$435,860,000
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Total Jobs:
463
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Average Pay:
$112,103
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Total Experts:
163
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% Masters:
46%

Top Experts at Lockheed Martin

Lockheed Martin Compensation

Software Engineer

$40K

$225K

Average Compensation:$99,473

Systems Engineer

$70K

$230K

Average Compensation:$106,917

System Integration and Test Engineer

$80K

$250K

Average Compensation:$106,667

Senior Systems Engineer

$80K

$225K

Average Compensation:$106,964

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Top Jobs at Lockheed Martin by City