Finmeccanica to Bid for Brazilian Warship Contract, Sole Says

Finmeccanica SpA is preparing a bid with Fincantieri SpA for a 5 billion-euro ($6.5 billion) order from Brazil to supply nine warships and other vessels, Il Sole 24 Ore reported, without saying where it got the information.

Finmeccanica and Fincantieri must present their bid for the order by Aug. 15, the Italian daily said.