Pros
Our site was fortunate in having a lot of interesting and challenging projects to work on. The engineers I worked with in my group were bright, motivated, and really challenged one another to improve. Good benefits and pay although health care was getting slashed every year.
Cons
Senior management seems far more interested in managing the stock price than they do in the long term outlook for the company. Corporate politics and business units weigh in heavily on what funds you receive for pursuing new business and doing research and dev. Our expertise was sometimes used on proposals but the work went elsewhere. Company seems disinterested in supporting CA, moving work to lower cost centers abroad. Race to the bottom is on in moving to a services company with low labor rates. Limited ability to move up or break through the glass ceiling. Many different cultures exist at different sites, and business units tend to compete with one another rather than collaborate. Numerous ethical complaints at our site were never resolved.