I applied through an employee referral. The process took 1 week. I interviewed at Lockheed Martin (Fort Worth, TX) in Nov 2010
Interview
Single Interview, can be with one person or a Panel of people.
Generally everything was job oriented.
There was plenty of room left for your questions.
Be prepared and be honest, the Interviewers are typically good at what they do so don't exaggerate.
Interview questions [1]
Question 1
Nothing unexpected, generally completely job related