Pros
Competitive pay and good benefits.
Cons
No clear direction in the DoD sector. The managers they've promoted to lead these business development efforts don't have the experience needed to be successful. As a result, they make knee jerk decisions that causes upheaval across the organization only to change course again several months later. In the 2 years I worked here as a BD Principal there were 4 reorganizations. Every 6 months. I was routinely assigned to large scale ($700M - $1B) proposals that were due in months only to be pulled and put on another one with just as short a suspense. I wasn't the only one either so each proposal team had a revolving door of people being assigned then pulled for other proposals. Very inefficient and poor management.