Pros
They offer at or above industry standard compensation in my experience, in a location with a very modest cost of living. 4/40 schedule, but be prepared to work more. Savannah has its own charm but people coming from aerospace companies in progressive areas like Southern California or Washington may find it a bit backward. The work can be quite interesting, especially on new projects. Lots of good opportunities for young engineers, but advancement comes to a grinding halt as you get to mid and upper experience levels.
Cons
Hands down, the most frustrating management structure I have ever dealt with out of the five aerospace location I have worked. Low level decisions go all the way to the top, where they are discussed in the perpetual meetings between the department heads, directors, and VPs. Directors continually spin status to an insane degree to make themselves look better in front of the VPs. This is how the Directors got to be Directors, though, because all the VPs want is people to tell them what they want to hear and agree with their decisions. The result is that tasking for the engineers actually doing the work frequently makes no sense, since the decision making process is so disconnected from reality. Engineering constantly operates in "fire drill mode". A good lead engineer or department head can sometimes compensate by serving a buffer between the engineers and the upper level managers, but the ones who are willing to do that tend to burn out or get fired (I saw both), so they don't last very long.