Pros
Everyone is extremely welcoming and knowledgeable. Raytheon can have an “old boys club” reputation, but I didn’t find this to be the case. I worked with several teams and didn’t experience any sexism and most teams were diverse. Being a large company, Raytheon is very amenable to lateral moves if you don’t like what you’re currently working on. Work life balance is decent, though it somewhat depends on what team you’re on. Because of the pandemic, all teams that are able to work remotely are doing so, this is still ongoing as of July 2021, and the company is looking at being partially remote permanently. However, some jobs are not possible to do remotely as they require employees to be in a closed area, which means the work hours are more specific. Most new hires work only 40 hours a week and are not supposed to work overtime, but (paid) overtime seems more common as you progress.
Cons
This is an issue with any government contractor, but you can expect to be moved from a project without notice, as contracts with MDA and other government agencies aren’t always fully worked out before actual work on the program starts. Also, there’s a LOT of bureaucracy. The amount varies by how classified and regulated the program is, but expect to be writing a lot of documentation and the review process to be lengthy. Raytheon has competitive hiring salaries but does NOT have competitive raises. People who’ve been at the company for multiple (2-3) years and gotten promotions are still paid about the same as new hires.