Pros
Job stability, job satisfaction, career growth, ability to work on new technology, flexible schedule, good vacation policy, one of the few companies with a pension plan, good co-workers, the company has a good reputation and generally is impressive to say you work for Lockheed Martin
Cons
salaries are below average in Lockheed Martin's effort to reduce labor rates to the government, Lockheed Martin has been posting record profits lately despite also announcing lower then expected pay raises, despite Lockheed Martin's recent success they have been unable to utilize any profits to help employees with rising health care costs, working for a large corporation often gives the impression that the corporation does not care about the employees, Lockheed Martin's excuse is they are no worse than the average, they tout being just average for benefits and salary as if its attractive to employees rather than trying to be better than the competition like they should be