Pros
Really interesting industry and some of the most interesting engineering projects available. Work consists of Telecommunication satellites, Science missions, ground systems and launchers. Lots of opportunity to work in any imaginable area of a large multinational engineering company, Great work life balance due to flexitime and paid overtime. Good starting place to get a foot hold in the aerospace industry and/or other EADS positions and proactive people tend to do well.
Cons
Little pressure to deliver can make work very slow. Huge level of process, inadequate environment and IT infrastructure and flat management structure can make work life very frustrating. Large multinational company results in slow change and a tendency to do things they way they have always been done. Change is not encouraged. Due to flat structure, its very difficult to get promotions in management. Little encouragement or pressure to build skills and continue to develop. If you are looking to be under pressure, constantly challenged, want quick promotion and high pay prospects then look else where