I believe this machine is really the NORC [0]. Some highlights from the Wikipedia article: It had 2000 words of memory, each that stored a ~13 digit decimal number and it ran at about ~15000 operations/second. It was considered the most powerful computer in the word when released, and at the dedication it set a record for pi @ 3089 digits, calculated in 13 minutes.
0 - https://en.m.wikipedia.org/wiki/IBM_Naval_Ordnance_Research_...