Instead they got a 3x code speedup over the Fortran code!
At the SC19, the International Conference for Supercomputing in 2019, one of the Julia creators Alan Edelman recounts how a group at the Massachusetts Institute of Technology (MIT) rewrote part of their Fortran climate model into Julia. They determined ahead of time that they would tolerate a 3x slowdown of their code. That was an acceptable tradeoff to get access to a high-level language with higher productivity in their view. Instead they got a 3x speed boost by going over to Julia.