Pros
Their benefits package. This includes great health care, industry leading educational reimbursement program, and the opportunity to work the leading edge of technology. Also, in regards to job security, lay offs are rare and mainly a thing of the past. Although they still happen and especially in the Southern California area, with an aging work force retiring very shortly, there will be many positions still available for the foreseeable future.
Cons
Promotions are based more on seniority rather than performance. Very socialistic promotion process. Very reactive rather than proactive approach in regards to HR problems. If you are a type A person who has the drive and passion to reach for higher and higher, Boeing may not be the best place for you.