Pros
Excellent benefits. Health and dental plans are high quality and offered at very low costs. 401K with a nice company match. Opportunity for yearly bonuses. Decent amount of vacation. Tuition program offered with some limitations. Generally nice people to work with. Various groups and company events are offered to help maintain a good work environment. Strong culture of ethics throughout the company. Good work-life balance for most, but if you are really striving to climb the ladder you will be putting in extra hours. Some of the products made here are really interesting.
Cons
Penny-pinching management is letting the Skokie site wither away. No budget for basic equipment, software, and supplies. Aside from the tuition plan, no other in-house training or learning opportunities. Compensation is fair, but company is located in a high cost of living area. Uncertain future, since corporate does not seem interested in growing the Skokie location. Competing companies are taking advantage of this. Management is focused on short-term metrics, although this may not be true for other Woodward locations.