In the present article we study the stabilization of first-order linear
integro-differential hyperbolic equations. For such equations we prove that the
stabilization in finite time is equivalent to the exact controllability
property. The proof relies on a Fredholm transformation that maps the original
system into a finite-time stable target system. The controllability assumption
is used to prove the invertibility of such a transformation. Finally, using the
method of moments, we show in a particular case that the controllability is
reduced to the criterion of Fattorini