Pros
SAIC is financially stable and will be in business for the long haul.
Cons
This was a wonderful, magical place to work for many years. The employee ownership model helped to grow this company from a garage to a multi-billion dollar company. Unfortunately, after going public, employees took a major back seat to the stock performance and what Wall Street thinks. The bottom and top line come first, so when it came to major cost cutting, rather than retaining the best and brightest as they claimed, they eliminated loads of long term, very hard working, dedicated, proven talent. In exchange, SAIC has now bought into the business model that lower quality, cheaper staff is "good enough". More and more the company is modeling itself like any other contractor and losing what made it special. Understandably with Federal Budget problems, the company needed to cut costs to improve competitiveness, but it has not done this in a business prudent manner. Politics, rather than sound business decision-making, appeared to drive the decisions on who to retain and who to let go. SAIC used to care about high quality and treated people commensurate with their contribution to the success of the company. If you choose to work here, it's "possible" to have a good career. Just always remember that the company will not be loyal to you no matter how great an employee you are. Make sure you do what is in the best interest of you and your family. Working tons of hours and producing excellent work will not guarantee you won't be let go by the company or passed by on a promotion in favor of someone's "buddy" or worse. Your time is probably better spent politicking. I don't see these poor management decisions as adding value to the shareholder or SAIC's customers.