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Finmeccanica-Fiat win 500 mln euro Italy army contract

ROME, Dec 17 (Reuters) - An Italian consortium composed of defence and engineering group Finmeccanica and automaker Iveco Fiat on Tuesday won a contract worth more than 500 million euros to supply weapons to Italy's army.

Finmeccanica said in a statement the consortium would supply Italy with 70 self-propelled howitzers with delivery between 2004 and 2008.

Finmeccanica, which is controlled by the Italian government, is involved in the consortium via its Oto Melara unit.