Lockheed Martin generally pays higher salaries compared to Raytheon for comparable engineering roles, based on available data. Employees in specific positions such as system engineers, software engineers, and senior-level engineers tend to earn more at Lockheed Martin.
This difference in compensation can be a significant factor for professionals considering career opportunities within the defense and aerospace industries. While both companies are industry giants, the direct comparison of salaries for similar roles reveals a consistent trend favoring Lockheed Martin.
Detailed Salary Comparison for Key Engineering Roles
The following table illustrates the typical annual salaries for several engineering positions at Lockheed Martin versus Raytheon:
| Role | Lockheed Martin | Raytheon |
|---|---|---|
| System Engineer | $101,312 per year | $91,847 per year |
| Software Engineer | $98,821 per year | $88,073 per year |
| Senior Software Engineer | $117,545 per year | $108,758 per year |
| Senior System Engineer | $115,264 per year | $108,083 per year |
Salary Differences at a Glance
A closer look at the figures shows the specific wage disparities for these roles:
- System Engineer: Lockheed Martin pays approximately $9,465 more per year than Raytheon.
- Software Engineer: Lockheed Martin offers about $10,748 more annually compared to Raytheon.
- Senior Software Engineer: Employees at Lockheed Martin can expect to earn around $8,787 more per year than their counterparts at Raytheon.
- Senior System Engineer: Lockheed Martin's annual compensation is approximately $7,181 higher than Raytheon's for this role.
In summary, for these specific engineering positions, Lockheed Martin consistently offers more competitive salaries than Raytheon.
