Pros
Money is OK but benefits slowly being removed. Looks good on CV and the industry is somewhat stable, although highly supported thru Government (military) contracts.
Cons
1) Remote leadership makes the calls and therefore is out of touch with local requirements (resources/ equipment/etc). 2) Local leadership merely puppets and jump when US talks. 3) HOS operating system not geared for low volume/high end unit production, hence waste is created in the massive administration required to upkeep graphs, charts and various sub-programs (kaizens/RPS/5S) which do nothing more than appease the remote leaders during the dog and pony shows during their visits. 4) Too many management layers which has created "silos" in the organization. Cross departmental help is nearly non existent as charge numbers are required for everything. Managers too concerned on containing costs for their empires and create more barriers than they remove. 5) Internal promotions non-existent as local management prefers to hire "fresh" minds (i.e. no experience to challenge them). 6) Local finger pointing (from leadership) now a common culture since their power/control is very limited and any criticism of remote leadership decisions would be a career ending move. The result becomes a very toxic atmosphere where front line workers are under a microscope at all times. Tier meetings (at all levels) fail to address main barriers and become nothing more that nit picking sessions resulting in a public flogging. Very demoralizing start to the day.