Pros
There is some interesting technology there along with some very talented engineers. If you have a talent that they are desperate for (like electrical or software engineering) you may be able to leverage a reasonable salary.
Cons
The engineering management style was definitely stick versus carrot. It had an old school factory feel to it, no flex time, not family friendly, not very progressive at all. It had the most politically malicious environment of any place I've ever worked, most of which was generated by the engineering management to scapegoat failed projects. Most of my co-workers were unhappy working there but because they lived on Cape Cod and had roots there, they were afraid to leave because of the lack of options in the region. I certainly wouldn't recommend moving to Cape Cod to work there.