Pros
Pays decently well for the area, There's a lot of dead wood in the organization which makes it easy to be a "good" employee. Most senior management is located somewhere else, so if you do good work you'll be left alone. Global mentor program and training opportunities are exceptional if you know how to get hooked up.
Kontras
Indianapolis is not head of a business unit, near a customer, or near the competition. If you're 28-40 years old there's always going to be someone who's done an OK job for 25 years ahead of you -even if you're considered a rising star. Indianapolis also gets fewer Holidays, less severance, and no Profit Share when compared to most other Raytheon sites. Being far from senior management also means that getting noticed is difficult. The line I hear most is "Aren't you happy you have a job?". The "One Raytheon" philosophy isn't true.