The salary trajectory of a a Project Engineer ranges between locations and employers. The salary starts at $72,000 per year (estimate) and goes up to $0 per year (estimate) for the highest level of seniority.
The estimated average salary for a Project Engineer at Lockheed Martin is $116,000 per year or $56 per hour, but some professionals have reported earning up to roughly $161,050 per year (90th percentile). The typical pay range is between $93,000 (25th percentile) and $140,000 (75th percentile) annually. This is based on 1 salaries submitted by Lockheed Martin Project Engineer professionals on Glassdoor, as of July 2026.