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Lockheed Martin Corporation Message Board

ballistic_trajectory_impact 3 posts  |  Last Activity: Jan 19, 2016 9:29 PM Member since: Jan 13, 2006
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  • ballistic_trajectory_impact ballistic_trajectory_impact Jan 19, 2016 9:29 PM Flag

    Will they fully fund the pension with this money or instead use it for stock buy back to reward mostly the executives

  • ballistic_trajectory_impact ballistic_trajectory_impact Jan 15, 2016 10:14 AM Flag

    All the aerospace companies are screwing its employees. Boeing, Lockheed, Northrup, Raytheon will all have a difficult recruiter in the future. Why join a large organization and have to deal with the corporate politics when you can join a supplier and routinely receive profit sharing, be happier, and more flexibility with your career.

    Pensions use to be one of the main recruiting tools. Not anymore. Instead, the executives have reaped the rewards from cutting these pensions with huge bonuses and stock incentives. This was all at the expense of employees doing the real work. The airlines did something very similar.

    I do not encourage any young kid with a decent brain to join a large corporate organization like those I listed earlier.

  • ballistic_trajectory_impact by ballistic_trajectory_impact Dec 12, 2015 1:24 PM Flag

    I don't know how you screw this up other than incompetent management with no prior experience in this area. I ran programs for 20 years and never failed once to deliver as promised. This makes me want to come out of retirement to clean this mess up.

    Not only should upper management be replaced but the credentials of those doing the work also need to be reviewed. I have seen to many time a company wins an contract and to meet staffing profiles they erroneously hire the wrong talent. This is a systems development and integration activity. How could Raytheon possibly screw this up so bad?

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