ISW was founded in response to the stagnation of the Iraq and Afghanistan wars, with core funding provided by a group of defense contractors. According to a mission statement on its website, ISW aims to provide "real-time, government-independent, and open-source analysis of ongoing military operations and insurgent attacks". ISW currently operates as a nonprofit organization, supported in part by contributions from defense contractors including General Dynamics, DynCorp, and Raytheon. It is headquartered in Washington, D.C.
Sorry, but this "news" source seems to be a propaganda arm of the Military Industrial Complex.