Third Wave Systems has delivered results on a $3 million U.S. Air Force contract made in 2013, one of the largest-funded projects in the company’s 20-year history. The focus of the project was to expand the company’s metalcutting solutions to polymer matrix composite (PMC) materials used on the latest warfighter programs. The Department of Defense Rapid Innovation Fund (RIF), which was designed to transition technologies that resolve operational DoD challenges, allocated funds for the contract.