The average salary for a Mechanical Engineer at Lockheed Martin Corp is $70,668 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

$55,073 - $91,527
(Median)
$55K
$71K
$92K
MEDIAN: $70,668
10%
50%
90%

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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.
)
$0$32K$64K$96K
Salary
$55,073 - $91,527  
   
Bonus
$0.00 - $4,949  
Profit Sharing
$4,500  
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).
)
$55,581 - $95,675  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 92
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Mechanical Engineer Job Listings

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Pay by Experience Level for Mechanical Engineer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $70,477

Larger city markers indicate a job is popular in that location.

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 Mechanical Engineer Salaries

Experienced
up arrow 31%

Late-Career
up arrow 17%

Mid-Career
up arrow 10%

National Average
$70,000


Skills That Affect Mechanical Engineer Salaries

ANSYS
up arrow 9%

Pro/Engineer
up arrow 8%

Microsoft Word
up arrow 8%

Microsoft Excel
up arrow 7%

Microsoft Office
up arrow 4%

CATIA
up arrow 4%

Engineering Design
up arrow 3%

Matlab
up arrow 3%

Finite Element Analysis (FEA)
up arrow 3%

Computer Aided Design (CAD)
up arrow 2%

AutoCAD
up arrow 2%

ANSYS Simulation Software
up arrow 1%

National Average
$70,000

autodesk autocad
up arrow 1%

Project Management
up arrow 3%

SolidWorks
up arrow 11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Gender

Female
16 %
Male
84 %

Years of Experience

Less than 1 year
25%
1-4 years
51%
5-9 years
15%
10-19 years
6%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 86%
medical benefits
Vision: 81%
dental benefits
None: 6%
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