Pros
They are truly a large corporation with all of the characteristics that go along with that. Good processes in place, opportunities for advancement. The best part of Raytheon are the great people who work there. Good compensation, but raise percentages were declining in the last 6 years; mirroring the employment environment; also driven by the particular area and focus of the business area you're in.
Cons
Raytheon touts their people as their best and most important asset, but that doesn't match their decisions and actions. Still a strongly dominated male environment in spite of some new female leaders appointed. More challenging for women to be recognized as innovative contributors. Very political company which drives leadership behavior, benefiting the leaderships' careers. Indianapolis has different benefits than the other RTN companies. Recommendation -- is if you have a choice, work for another division; but still a company I would work for again.