Lockheed Martin employees working as Principal Engineer in US have attributed a compensation and benefits rating of 4.8 out of 5 stars, based on 8 ratings. This is in line with the average of Principal Engineer professionals at Lockheed Martin worldwide.
The salary trajectory of a Principal Engineer ranges between locations and employers. The salary starts at $114,834 per year (estimate) and goes up to $375,726 per year (estimate) for the highest level of seniority.
The estimated average salary for a Principal Engineer at Lockheed Martin is $241,995 per year or $116 per hour, but some professionals have reported earning up to roughly $386,532 per year (90th percentile). The typical pay range is between $191,124 (25th percentile) and $311,019 (75th percentile) annually. This is based on 14 salaries submitted by Lockheed Martin Principal Engineer professionals on Glassdoor, as of Jun 2026.
Principal Engineer professionals typically earn between $92 and $150 per hour.
Principal Engineer professionals typically earn between $15,927 and $25,918 monthly.