Cisco, Ciena Win U.S. Contract, Analysts Say

Cisco Systems Inc., the world’s largest maker of computer-networking gear, won, with Ciena Corp., Juniper Networks Inc. and Sycamore Networks Inc., part of a $900-million Defense Department contract to build a high-speed data network, analysts said.

The awards were reported in research notes from Lehman Bros., Merrill Lynch & Co. and Prudential Securities Inc. More than 250 companies vied for the project, known as GIG-BE, amid slumping demand in the industry.