Pros
Good pay and great benefits. Boeing's educational reimbursement benefits alone are a good reason to consider working here. Potential for long term career. Once you rise to a certain level in your group, it is unlikely you have any fear of loosing your job, regardless of your actions (for some that can be a positive I suppose).
Cons
Institutional attitudes of coworkers. People seem to be more invested in outside interests then their job performance. Little to no repercussions for poor job performance. Bizarre hiring practices. For example, in our group no potential employee is asked about their knowledge of the job. All the questions are in the vein of, "Tell us about a time you had to deal with a difficult coworker." Poor team dynamics. If a person brings up a problem in the group they are told to mind their own business. Management puts far too much emphasis on "flavor of the month" process ideology and far too little on improving core job functions.