Pros
Raytheon respects that employees have families and managers can be seen leaving early to pick up a sick child or going to a child's baseball game. As you would expect, they are supportive of the military without being political. The week of Christmas through New Years they are closed, which is part of the paid time off they give employees.
Cons
New employees do not get a pension and they start at only 2 weeks of paid leave per year in addition to 10 other paid days off. Unless you are a shining star--and they recognize it, you have very little opportunity for company-sponsored developmental mentoring or training. They pay for graduate school (or undergrad as applicable) up to around $8,000 and that's pretty much it. Again, unless they identify you as one of the golden children.