Pros
The paychecks clear on time.
Cons
Raytheon IIS has consistently gone downhill in my 10+ years with them, particularly since Lynn Dugal has taken the helm of the business unit. Programs are bid to win the contract, not to appropriately execute the contract. This requires the individual contributor to work an exorbant amount of "casual", or unpaid, overtime. A typical work week on the program I support is ~60 hours and weekend work is sometimes announced on Friday afternoon, as it was this last Easter weekend. Recently the profit sharing plan (a 3% bonus each year) was eliminated. When questioned about how she intended to retain quality personell, Ms. Dugal basically stated the "door is over there"... the top performers are taking her up on that.