I've played IB almost every season and by far is this one the worst with drops. The amount of times I've received the blowout rocket launcher and other base crucible weapons over IB drops is infuriating. I've reset twice with no hood for the Hunter, and only the bond for the Warlock. Saladin should give armor for ranking up instead of enhance materials which can be farmed elsewhere. This is not trials of Osiris and the drop rate should not feel like I'm looting on earth in random chests. Raise the drop rate of IB activity gear and drop crucible gear drop significantly WHILE in IB. Ridiculous Bungie, utterly ridiculous.
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You should get a few IB engrams when ranking up. Do not focus them, take them to the crypto bro instead, chances are better to get missing armour pieces this way.