Pros
Opportunities to contribute to national security using decades of technical experience. If you can escape the inertia that your managers impose on you and focus on delivering what your sponsors need, you can thrive. The company IS trying to adapt to the ever-changing fractious government funding environment but much of this is beyond the corporation's control. The CEO, Al Grasso, is a technically-competent executive who is doing his best in a difficult environment.
Cons
Clubby management that believes being selected for management automatically invests you with wisdom and technical genius beyond that of non-managers. Fairly poor follow-through on corporate promotion standards. Many managers hold staff to performance standards beyond what they themselves are incapable of meeting. The annual performance appraisal process is terribly flawed.