Pros
Excellent benefits compared to commercial sectors. Leading edge technologies within the R&D organizations. Few significant layoffs, although not immune as funding cycles occur. Where sufficient funding is obtained, process-controlled development for production is exemplary. Where supervisors are good, they are very good and a pleasure to work with and learn from. Great place to start a career due to retirement attrition in upper ranks. On programs with good visibility and when individual contributions have made a real difference, Raytheon recognizes and rewards appropriately.
Cons
Lowest-bidder Government acquisition policies result in under-bidding such that most work seems to be done behind schedule and with insufficient funds. Where funding is insufficient, development for may rely on corner-cutting to meet schedule and cost targets. Corner-cutting of any kind is actively discouraged via lip-service and much training, but harsh reality is day-to-day pressure to produce results puts developers between a rock and a hard place. There are some horrible program cultures and it's important to keep away from these if possible to have any hope of a career.