Lockheed Martin employees working as Propulsion Engineer in US have attributed a compensation and benefits rating of 4 out of 5 stars, based on 7 ratings. This is in line with the average of Propulsion Engineer professionals at Lockheed Martin worldwide.
The salary trajectory of a Propulsion Engineer ranges between locations and employers. The salary starts at $166,336 per year (estimate) and goes up to $304,812 per year (estimate) for the highest level of seniority.
The estimated average salary for a Propulsion Engineer at Lockheed Martin is $139,122 per year or $67 per hour, but some professionals have reported earning up to roughly $209,551 per year (90th percentile). The typical pay range is between $113,235 (25th percentile) and $173,087 (75th percentile) annually. This is based on 11 salaries submitted by Lockheed Martin Propulsion Engineer professionals on Glassdoor, as of Jun 2026.
Propulsion Engineer professionals typically earn between $54 and $83 per hour.
Propulsion Engineer professionals typically earn between $9,436 and $14,424 monthly.