Pros
Lots of training available. And after you have been there a year you can go to college. Some good people there. Many are getting ready to retire or get laid off.
Cons
Bureaucracy on steroids. The executives at the top are using stock buybacks and raising the dividend to enrich themselves at the expense of partnering with their employees and suppliers. People who run the airplane programs make billion dollar mistakes and expect the suppliers and salary employees to pay for them. Corruption and unethical behavior are rampant even though the employees have to sign a "Code of Conduct" every year. 90% of first line managers are completely out of their league, and the company doesn't do anything except pile more e-mail and meetings on them. And it only gets worse the higher up the management chain you go. The merry go round of lower level management doesn't help morale either. Very hard to get promoted these days and raises are skimpy unless you are in management.