Cray announces $3M DARPA milestone

On June 27,, we were notified by the Defense Advanced Research Projects Agency, DARPA, that we had completed Milestone 10A under our DARPA Phase III High Productivity Computing Systems program agreement. The milestone was for $3,000,000 and, based on our level of spending for DARPA-related work, we expect that a majority, if not all, of the milestone amount will be credited against our research and development expenses in the second quarter of 2012 as part of this co-funding arrangement

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