Pros
If you want to sit around and do nothing then maybe this is the place for you.
Cons
Where can I begin? Bureaucracy with technology adoption. They tell software developers that the legal department will not allow them to use Notepad++, Apache Tomcat for local development or any other item of software not on their approved list. Legal won't allow migration from Cruise Control to Jenkins. The project planning is horrendous. They will overwork you for several months on a project that is dumped on you with a ridiculous schedule. Once the project is done you will sit around and do nothing for months to years. During this time they will lie to you and tell you that there are tons of projects. It is also worth noting that they are trying to outsource or layoff the entire IT department. If you get a contract opportunity or job at MVWC then your job security will hang in the balance indefinitely. Don't ask the senior leadership about your job security because they will only get annoyed that you inconvenienced them with your question. If you write Java code, then hold your nose because the birds nest that you will try to maintain will be atrocious. If you try to promote your code fix be prepared for all kinds of obstacles that make no sense.