Mechanical Engineer Salary at Lockheed Martin Corp

The average salary for a Mechanical Engineer at Lockheed Martin Corp is $68,257 per year. A skill in Microsoft Word is associated with high pay for this job.

$55,603 - $92,160
MEDIAN: $68,256

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$55,603 - $92,160  
$0.00 - $5,011  
Profit Sharing
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$55,926 - $94,433  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 110
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Lockheed Martin Corp Reviews

What is it like working as a Mechanical Engineer at Lockheed Martin Corp?

Mechanical Engineer in Denver:
"Great Atmosphere For Free Thinking And Original Design Thoughts."
Pros: The people from the worker at my level and both below and above. Many of the industries best people and talent. The flex time is a God send to me because of my spouses medical needs.
Cons: Raises have been below the rise in inflation and are essentially a reduction in my wage and buying power year over year. The system is horrible. One would have to leave and come go to another company to get paid for their experience and time in position. The way the pay structure works, even with good reviews, the pay scale has been advancing to keep up with the rest of the world and it rises faster than the averages wages such that if I now have five more years experience, I am now paid less than somebody hired from the outside with the same experience as myself. This is the worst thing about Lockheed and my only major gripe. My salary was at an hourly rate of 1-1/4 for overtime when I was hired and unilaterally reduced by co. To first 5 hours unpaid and then only straight time after 45 hours worked.

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Experience Affects Salaries

up arrow 21%

up arrow 17%

National Average

Skills That Affect Salaries

Microsoft Word
up arrow 11%

up arrow 8%

Computer Aided Design (CAD)
up arrow 6%

up arrow 5%

up arrow 4%

up arrow 3%

Engineering Design
up arrow 2%

up arrow 2%

Microsoft Office
up arrow 1%

Project Management
up arrow 1%

National Average

Microsoft Excel
up arrow 3%

up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.


4 %
96 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 98% dental benefits Dental: 94%
vision benefits Vision: 83% employee benefits None: 2%