Pros
Good location in southwest Austin. If you're lucky, you occasionally get the opportunity to work on new things (IRAD). Great people to work with who become great network assets (many employees have left after being recruited by other former employees)
Cons
No insight into company's future past the next few weeks at a time. As a result, management direction is very reactive and not very proactive. Not able to do things to improve current products or processes unless you have "direct charge", but there's never enough time under the direct charge to improve existing items. Much of the work we've had lately has been limited to bug fixes the customer prioritizes, not too much new features or fixing internally discovered bugs. Many coworkers have left for other jobs, leaving the rest of us scrambling. Extremely hard to get a raise or promotion unless you already are in a level of management.