Pros
Overall organizational expertise in science and engineering is high and it is a great place to do state-of-the-art engineering and science which is at the forefront of what is technically possible. Compensation and benefits for scientists are high relative to e.g. university for similar scientific jobs and quite competitive with industrial compensation. Work/life balance is great for most people except high achievers since they are generally not resourced proportionally.
Cons
Suffers from academic legacy governance and inefficiencies with an outdated level of leadership, an overemphasis on procedural approaches, and somewhat poor support for high achievers and fast tracking programs to allocate resource to the best talent. Even though the overall competence level is very good, high achievers will find themselves frustrated and eventually leaves.