Pros
Flexible Schedule Nice employee park for basketball, soccer, and volleyball. Lots of vanpools (which could be interpreted as a Con as living near El Segundo is prohibitive since it is either too expensive - like near the beaches, or too undesirable, like east of the 405).
Kontras
Disengaged employees. Low moral. Few friendly people willing to say "Good Morning" or "How was your weekend?" People avoid eye contact in the hallways as you walk toward each other. Everyone is into their own thing, low esprit de corps. After-work camaraderie is zero. Employees are paranoid such that will lock their office doors (in unclassified areas) just to go the the restroom. You'll see a half dozen people waiting for the intercampus shuttle and none of them will be speaking to each other. Everyone is on guard and chooses to interface with high personal boundaries. Benefits are way below par for a major aerospace company: A 90/10 PPO for a family is $6000 (six THOUSAND) per year out of your paycheck. The 401(k) match is only 3%. Management is disconnected from other Raytheons in Southern California such as Fullerton and San Diego. It is as if there are several individual Raytheons. So, if you are on the layoff list, your management has little to no visibility to other Raytheon facilities' employment needs and thus they do not pave the way for a transfer to save your job. Boeing for example, is very good at moving people around in this fashion.