Lockheed Martin Principal Engineer Salaries in Phoenix | Comparably
Lockheed Martin Claimed Company
Lockheed Martin is a global security company engaged in the research, development, and manufacture of advanced technology systems and products. read more
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Lockheed Martin Principal Engineer Salaries in Phoenix

The average Lockheed Martin Principal Engineer in Phoenix earns $126,500 annually, which includes a base salary of $122,500 with a $4,000 bonus. This total compensation is $35,237 less than the US average for a Principal Engineer. Principal Engineer salaries at Lockheed Martin in Phoenix can range from $115,500 - $133,000 with equity ranging from 0-25k.

In Phoenix, The Engineering Department at Lockheed Martin earns $1,854 more on average than the Design Department. Comparably data has a total of 3 salary records from Lockheed Martin Principal Engineers.

Last updated 17 hours ago.

$50k
$85k
$120k
$154k
$2.06M
$126,500
Average Compensation
$122,500
avg. base
$4,000
avg. bonus
0-25k
equity range

Principal Engineer Salaries at Lockheed Martin

In Phoenix, Principal Engineers earn $1,333 more than Principal Engineers, and $7,050 less than Lead Engineers.

Director of Engineering
$173k*
$146k
Principal Engineer
$125k
$120k
QA Manager
$97k*
QA
$94k*
$81k
* estimated salary

Compensation at Lockheed Martin by Department

In Phoenix, The Engineering Department averages $1,854 more than the Design Department, and $2,066 less than the Sales Department

Sales
$110,172 Avg. total comp.
+$2k
Engineering
$108,106 Avg. total comp.
Design
$106,252 Avg. total comp.
-$2k

Average Equity for Principal Engineer at Lockheed Martin

In Phoenix, the average Principal Engineer at Lockheed Martin receives $25k of stock in equity.

Recent Principal Engineer Salaries at Lockheed Martin

Principal Engineer
Posted more than 30 days ago
$133,000 Salary + Bonus
Principal Engineer
Posted more than 30 days ago
$127,000 Salary + Bonus
Principal Engineer
Posted more than 30 days ago
$115,500 Salary + Bonus

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to Lockheed Martin reported making $174,986, while the average male Principal Engineer at similar sized companies reported making $186,024.

Principal Engineer Compensation by Ethnicity (All Companies)

The average Caucasian Principal Engineer at companies similar size to Lockheed Martin reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.

How Principal Engineers at Lockheed Martin Rate Their Compensation

The majority of Principal Engineers at Lockheed Martin believe they're compensated fairly. 42% of Principal Engineers at Lockheed Martin say they receive annual bonuses, and the majority (62%) are satisfied with their benefits. See more compensation ratings at Lockheed Martin

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