Pros
1. It's a paycheck. 2. Low expectations. Makes #1 easy. Shouldn't really be a pro but after realizing that no matter how hard you work you're going nowhere, you just shrug your shoulders and take what you can get. 3. Good place to start a career, not a good place to stay.
Cons
1. Title says it all. The real value-added work, the cool stuff, goes either to senior people or the golden boys. 2. The 9/80 workweek is a recruiting gimmick. It's really a bait-and-switch. Don't expect to get anywhere if you don't show up on off-Fridays or put in overtime, which the company euphemistically calls "extended work week." 3. Crappy place to work if you're a woman or minority or gay. 4. Worked at this and other large aerospace defense firms. By and large NGC most resembles the Dilbert cartoons.