I applied online. The process took 1 day. I interviewed at Lockheed Martin (King of Prussia, PA) in Dec 2010
Interview
For a summer internship, I had about 3 or 4 45 minute interviews with various hiring managers. They go over your resume, and ask you behavioral questions using the STAR method, such as "Describe a time when you worked as a team". It's not very hard at all, just prepare several examples beforehand.
Interview questions [1]
Question 1
Describe a time when you had to deal with a difficult team member.