Question about FLDPs

Has anyone had experience with FLDPs at defense contractor organizations like Lockheed, Raytheon or GE? Was thinking about applying in and am curious about the different types of roles and experiences you can work in, and how transferable the skills are, and anything else noteworthy w regards to these programs. Thanks!

3 Comments
 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

I was pretty far into the interview process with BAE Systems for their FLDP so I know a little bit about how they run theirs. A lot of their rotations are based at production facilities where you work on segment specific finance at the plant level with a handful of opportunities at the HQ. There is also limited opportunity to rotate internationally (It is a UK firm) but it is there and a few people I talked to at the company had done it. For BAE specifically a lot of there locations are in small towns (really small) in the North East so that could be an issue for some.

That being said, I don't know a lot about the transferability of skills but my understanding is that its hard to lateral into the industry if you start somewhere else and the exit opportunities are limited. Again, I'm not 100% sure on that but that is what I've heard. In talking to a few people in the industry they felt as if pay at the lower levels is below that of finance groups outside of defense contracting but the as you spend more time there it will catch up to other companies over time. 

 

Voluptates molestiae error tenetur laborum accusantium cumque. Maxime velit qui culpa id id doloribus inventore ut. Voluptatum doloremque enim voluptatem est nobis. Fugiat minus excepturi nostrum quia tempora nihil voluptatibus.

Voluptatem fugiat voluptate et provident quaerat labore laboriosam. Consequatur aut quidem eos laborum. Est animi molestiae nulla et iure est vel. Et totam consequuntur omnis quis iste. Dicta unde soluta blanditiis aut delectus. Quasi aliquam vero eaque non.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”