Vault Releases New Employee Surveys on Lockheed Martin

Business Wire, Jan 12, 2005

NEW YORK -- New York research firm Vault (web site at Vault.com) has just published new employee surveys on aerospace and defense giant Lockheed Martin Corp. (NYSE: LMT) - providing "insider" information on corporate culture, compensation and hiring practices at the company.

To see surveys excerpts, click here: http://www.vault.com/go/to.jsp?place=32277

Vault's employee surveys are designed to give investors and jobseekers insight into Lockheed Martin - and for job seekers, the edge in this tough recruiting climate.

Says a senior project engineering manager, "Growth over the last four years (in Space Systems) has been excellent. Prospects look good to better. Lockheed Martin as a corporation is doing even better with the Fort Worth win of JSF (F-35) and production of F-22."

As to corporate culture, a former human resources specialist writes, "It is a laid back culture with hard working employees. Main customer is the Department of Defense, so employees are more regulated. The government closely looks at everything from hours worked on a contract to diversity initiatives."

A senior systems engineer adds, "Employment suffered tremendously at the height of the dot-coms, management had to alter their expectations (salary and otherwise) and behavior to try to keep people. Since the pendulum has swung back, many have hired back, the management tone has also shifted back to a more rigid structure. Diversity - the company is trying, but it's still a white male environment, that hasn't changed much as you go higher in the ranks."

To see more excerpts from the surveys, click here: http://www.vault.com/go/to.jsp?place=32277

To fill out a survey on Lockheed Martin (or another public company), click here: http://www.vault.com/go/to.jsp?place=31317

Neither Vault nor its employee surveys are endorsed by or affiliated with Lockheed Martin.

ABOUT VAULT Inc:

Vault, Inc. is the leading media company focused on careers. Vault's primary offering is its web site, www.vault.com, which features "insider" workplace information on over 5,000 companies, expert career articles on more than 70 industries, and an industry-focused job board. Offline, Vault offers the Vault Career Library, a series of more than 100 nationally distributed career-focused print books.