Pros
The quality of the engineering team is second to none. Great people, great talent. If you join straight out of school, you will love the place initially and wonder why I only gave it two stars. Continue to the "Cons"....
Cons
The politics in middle and top management are awful. The leadership is well past their prime (passed it 30 years ago) and make the most ridiculous demands of the people around them. They attempt to obey the often impossible and incomprehensible requests, because to do otherwise is suicide. However, they take turns ratting each other out as they all try to stay in good grace. The leadership is sometimes disrespectful to women and minorities, although I don't think it is intentional (just stuck in the era before computers). HR has been described as "pure evil" by many, and I can't say that I'm impressed with their ethics. Bonuses have basically gone away since the last stock market crash (over 6 years ago now), even though the company has reasonable profits and a strong balance sheet. Don't make the mistake of joining "for a few years" and leaving afterwards - the non-compete will keep you from working anywhere else in the industry. And if you don't believe me, PAY a lawyer who knows contracts to review it in depth (and in the context of PA law) - don't use your cousin who is reading it over a beer during a football game.