Workhorse Group to Fight $6 Billion Contract Loss to Oshkosh

Workhorse Group to Fight $6 Billion Contract Loss to Oshkosh

Workhorse Group (NASDAQ: WKHS) isn't going away quietly after losing a $6 billion contract from the U.S. Postal Service to rival Oshkosh (NYSE: OSK). The electric-truck builder said today that it has requested additional information from the Postal Service about the awarding of the contract for its next-generation delivery vehicles (NGDV). The Postal Service has used the same boxy delivery trucks for more than 30 years.