Cray +15% on $174M supercomputer deal

|About: Cray Inc (CRAY)|By:, SA News Editor

The U.S. National Nuclear Safety Administration (NNSA) has awarded CRAY a $174M deal to provide an XC30 supercomputer with an accompanying Sonexion storage system.

The system, called Trinity, will simulate nuclear tests (among other things). It's expected to have over 8x as much computing power as a Cray XE6 system (called Cielo) currently used by the NNSA.

"Substantial system acceptances" are expected to occur in late-2015 and 2016. Rival SGI recently won a supercomputer deal wit the U.K.'s Atomic Weapons Establishment.

15% of Cray's float was shorted as of June 13.