ISL was recently awarded a new Phase III SBIR contract for Advanced Radar and Electronic Warfare from AFRL/RYAR, WPAFB, with initial funding from the Office of Secretary of Defense (OSD), Research Directorate. Phase III contracts are extremely rare and represent a major accomplishment for ISL in transitioning its technology to the Warfighter.
In particular, a Phase III comes with:
(1) Built in J&A for sole source award;
(2) No fixed ceiling;
(3) No fixed period-of-performance; and
(4) No restrictions on the size of the business.