Pros
If you enter in to the company in your dream role and don't need to grow professionally, then cozy up to the CEO and she'll treat you like one of the family.
Cons
It's obvious the CEO has favorites, and if you're not one of them, even if you're outstanding employee otherwise, don't expect to be able to advance in your career. One of the advantages of a small company should be that you can try a variety of roles and responsibilities, but some roles are reserved for the CEO's favorites. In general, I wouldn't post this because favoritism is so subjective, but i'm posting to confirm a previous negative psting is absolutely true! And while they do have good benefits, as a defense contractor, there are other defense contractors with equal or better. They like to tout their benefits as being the best.... And when you leave, if you aren't a favorite, they don't pay out your PTO, so zero out your vacation before giving notice.