(I'm someone who was stuck on 3.6 for ages because of the pain of keeping up with the trunk)
Hardware companies are very touchy about the patents, and not publishing an ISA-related work may often be the only way to protect from the trolls.
Such companies would often encourage (privately or publicly) clean room 3rd party backends, and I'm pretty sure that the one we're discussing here is exactly of this kind. But they would be scared to death to allow any of their employees to even send a tiny patch to a compiler backend, if it could expose some microarchitecture knowledge that was not published.
This constant churn kind of turns the MIT license into the GPL but only for small companies and individuals who can't keep up with the churn. I guess that is why Apple likes LLVM.
Have you considered this is a deliberate decision, with a goal of having most targets in-tree? :)