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). Workhorse said it intends "to explore all avenues that are available to non-awarded finalists in a government bidding process."
Image source: USPS.
Source Fool.com