Our Government customers used to award on a "best value" paradigm in which they were often willing to pay a little more for superior products and services. IS&GS prospered in that environment and was able to provide its employees with better than... — read more
As a LM employee I have become cynical and accept the current climate within the company.
LM has reported record high earnings for (at least) the last 6 quarters. This is no secret. We (employees) receive corporate emails indicating the quarterly earnings. This information is available to the public, so I am not divulging company... — read more
New Mexico Cuts - Missiles and Fire Control (MFC)
250 will be let go, this is such a pity and a few smart and prudent executive moves could have prevented it. There is a ton of other work that Lockheed could have shifted to save the jobs - this is an enormous blow and layoffs will impact the... — read more
ISGS getting the shaft under the guise of "staying competitive..."
Hello again, well this weeks saga of Lockheed Martin has ISGS employees getting screwed. Why? Oh wait the same thing I said before, "because the rent is just too damn high" and we've got to keep those profit margins. Sondra Barbour EVP of ISGS... — read more
Is there any indication on when they'd likely decide whether they will spinoff ISGS, or sell it?
I honestly didn't like the way this was announced, and neither did many of my colleagues, in that they drop the bomb that this is what's going to happen but tell the employee base that information will be forthcoming. Wouldn't the logical thing to do... — read more
Hiring (No job cuts and layoffs) in Huntsville, AL
We will add over 100 good paid jobs in Huntsville as we consolidate its Command, Control, Battle Management, and Communications (C2BMC) program - this should be all done by mid-2016. I know that many people dread layoffs and there is a lot of... — read more
ISGS/MFC Services - Sale or a spin-off... probably a sale
The LM CEO Marillyn Hewson leveled the boom, she’s going to breakout IS&GS (non-Govt IT), and Missile and Fire control services. Why because the rent is just too darn high. Now I say that tongue and cheek, but it is true. In her last webcast... — read more
IS&GS Sale Announcement
Has anybody heard the rumor that Lockheed is selling the IS&GS Division with the sale announcement coming the week of July 20, 2015 ?
Yes, it is a wonderful day when two thousand employees get whacked!
"The budget cuts in defense spending, robbed our company of our major earning..." I was not under the impression the Department of Defense was ROBBING Lockheed. Thanks for clearing that for us!! Lockheed management could NEVER, NEVER have see that... — read more
Dependence on military contracts
So who in the top leadership did not see this coming for years.... that such a high dependence on military contracts for the company's existence and profitability (about 80%, and likely more of its gross revenue) is NOT a good business model..... I... — read more
Lockheed Martin Job Cuts Due to Pentagon Budget Cuts
Having been in the defense industry for the past two decades, we have emerged as the leading weapons and security company in the sector. With the U.S. defense department as our client, we had to lay off 4000 employees in 2013, in light of the budget... — read more
Layoffs and Plant Closure in Pennsylvania, Ohio, Texas and Arizona by the middle of 2015
OH, TX, AZ, CA and PA will all see layoffs in mid 2015.
Space Systems Move to Denver 2015
We are moving from Newtown, PA to Denver, Space Systems move. 1000 people will be laid off. This should be completed in 2015, some folks have already been let go.
What is a difference between a voluntary lay off/early retirement and a straight lay off
Does anyone know the difference between a voluntary lay off/early retirement and a straight lay off? Does anyone have any information regarding employee reduction due to the F-22 program closing in Palmdale, CA.
Orion program layoffs
Any updates on Houston Orion program layoffs? Those people are useless and a waste of money, they ought to let the rest of them go. The ones left either so called work from home or work barely 5 hours a day. Biggest waste of workers in Houston I've... — read more
Fort Worth Layoff: My 3rd since 2012.
Not including the strike for 10 weeks in 201. Too many schedule slips and manufacturing issues to count, supplier problems, upgrade and customer induced refit jobs. If you work at Lockheed in Fort Worth, you can only hope the ramp-up will start to... — read more
Stack Ranking System
What are your thoughts on Stack Ranking System, it seems that everyone hates it
2015 Morale Boosting Plan
Our employee morale here at Lockheed is at an all time low due to many years of layoffs, trimming, AMDR contract loss, and steady but significant erosion of employee benefits. Don't get me wrong, I get that we have to make personal sacrifices to stay... — read more
LM - Newtown, PA Layoffs (2014)
60 folks were let go a couple of months ago (Newtown, Pa - Bucks County) - I do not have additional details but I believe the facility was closed. I think we had a fairly good year, 2014 was not bad at all. However, if the economy stalls in 2015 and... — read more
Bonuses
What do you think now?
Lockheed Sunnyvale
To be closed by 2020, probably sooner than that
So, what 2015 brings
Goodyear will transfer in phases to Littleton and Valley Forge, some of this has been completed, more will follow in 2015.. Also, additional cuts in Newtown, Akron, Horizon City and smaller cuts down in Sunnyvale.
Moorestown Layoffs
There was some talk about layoffs (Moorestown) last year. Anyone has more info here?
Lock-Mart Cuts 2014
If you are still here you should be worried, go find a decent job at a decent company, Lock-Mart pays peanuts and treats us all as slaves
2015 Layoffs in Plans Already?
I heard that there are plans about massive reorg in 2015 that will result in many 1000s laid off. Anybody has more info?
Experience of an Ex-LMC senior level engineer
While independent experience may differ, I fully agree with all that has been said here. Having worked there for several years as a senior-level engineer, I have learnt a few things, and this information is in consensus with the views of my other... — read more
Contribution and Accomplishments Not Valued
You have similar situation with Lockheed Martin Coherent Technologies, Lockheed Martin Aspen Systems Corporation, Aeronautics Co.... My problem is that here there is no room for advancement and growth. Tons of overtime, mostly not necessary. The... — read more
Lockheed Martin Tactical Systems Layoffs
Any info on the planned cuts in Tactical Systems? I heard reorg rumors, not sure if it's true - anybody has more info?
Constant Layoffs at Lockheed Martin (2014 and before)
I am an engineer so the issues I am reporting might be a bit different – Lockheed is a huge company and different people have different experiences, some people love it, some people hate it – it’s hard to give a singular view into what our company... — read more
List of locations with Layoffs in 2013 and 2014
There you go - Lockheed's been busy letting go, here is the list of locations that had at least one person laid off over last two years: Archbald, Cherry Hill, King of Prussia, Newtown, Owego, Syracuse, Baltimore, Hampton, Herndon, Rockville... — read more
Lockheed Severance Pay
Can someone let me know what is our Severance Pay Policy - I've been with Lockheed for about 2 years and our plant may close w/in next 18 months.
Salina - Deferred Layoffs and Transfers
Salina and transfer its 1,700 employees Do you know what is the current pla for our campus at Electronics Park in Salina. The last I heard is that Marillyn Hewson was planning to move it - most of the folks would get relocation packages - Things... — read more
Lockheed Martin layoffs 2015
It seems to me that we'll have major cuts in 2015, it's kind of every other year, 2013 saw big cuts, we'll slow down in 2014, and then Lockheed will cut again in 2015. Lust saying...
Downsizing @ Lockheed Martin San Antonio (2014)
Up to 40 people will be let go at our Kelly Aviation Center, we have around 250 people here so, it's a good chunk a such a horrible way to start this year. Boeing is having issues too, I think they will let go few thousands - never know what's gonna... — read more
GoodYear Plant Closing (2015)
Any updates on GoodYear Plant closing?
Downsing @ Lockheed Martin San Antonio (2014)
Up to 40 people will be let go @ Kelly Aviation Center, we have around 250 people here so, it's a good chunk a such a horrible way to start this year. Boeing is having issues too, I think they will let go few thousands - never know what's gonna hit... — read more
2014 Downsizing - Started with a bang
Things continue to be bad, we had another round of layoffs last week, poorly handled, some outstanding resources were pushed out
Mitchell Field
Things are getting worse every day
South California Downsizing
Anybody heard more about cuts in So. Cal?