Pros
The products are amazing. The vacation schedule includes a holiday shut down, which means that you end up with about four weeks off each year. The training opportunities were very good - particularly those pushed down through Textron. Employees are nice and hard working, so there is good opportunity to find friends. It's a good company to learn the A&D industry because they make both military and commercial products. Also, it is small enough that depending on your job, you could be attached to several products in various lifecycle stages.
Cons
There are too many obstacles to getting things done. First, there is a lack of transparency around processes related to hiring and promotions. It is especially difficult to transition from intern or contractor to fulltime/permanent employee. Second, they restructured all the time - people would be moved on and off of tasks or projects in short time frames. By the time you become comfortable in the work you are doing, you might be moved again. It wasn't always clear whether moves were because of business need, reward, or punishment. It was very stressful without necessarily being satisfying or rewarding. Words that describe the situation: unfair, chaotic, stressful, difficult, frustrating, unhealthy.