Lockheed Martin benefits

Very nice place to work

Vacation starts at 3 weeks. Benefits are pretty expensive with only high-deductible options available. Just starting a bonus program; yet to know if it's good/bad. Probably pretty typical benefits for a defense company, but poor for the Silicon Valley.

401k is pretty solid - company match is high and you receive a discount on company stock. Pensions are gone, but they have implemented a defined contribution plan in addition to your 401k. Medical, dental, vision, disability, etc. are all offered

Half match up to 8% of salary for 401k. 3 weeks vacation. 9/80 schedule for most areas and positions (off fridays).

Several plants running on "9/80" work schedule, we work 9 hour days and take every other Friday off. Great benefit to get things done on Fridays. Production Floor environments (per latest union contract) and direct floor support just moved to Four 10 hour days per week, with every Friday off (except when working overtime of course). Cafeterias could be better (Aramark) but at least they are there. Company Match to 401K is above average. Overall great company to work for.

The medical is Aetna and very good. The prescription drugs is Express Scripts which is great. The 401K match and the company that Lockheed uses for investments could be much better

The company offers an extension benefits package Capital accumulation plan Salary savings plan.Medical Dental vision life insurance and others .

high deductibles for health insurance

Health Care offered was HMO (several choices)

Time off is great, you earn 2 weeks a year and 1 week personal business and that increases to 3 weeks and 1 week respectively after you have been with the company 5 years.