SHOULD YOU BUY OR SELL WHKS STOCK🔥🔥🔥WKHS CHALLENGES USPS DECISION TO AWARD CONTRACT TO OSHKOSH
Channel: Mr. Money Geek
Date: 21/06/2021

SHOULD YOU BUY OR SELL WHKS STOCK🔥🔥🔥WKHS CHALLENGES USPS DECISION TO AWARD CONTRACT TO OSHKOSH

Electric vehicle company Workhorse Group (WKHS.O) filed a legal challenge on Wednesday to the U.S. Postal Service (USPS) decision in February to award a multibillion-dollar, 10-year contract to Oshkosh Defense (OSK.N) to manufacture a new generation of postal delivery vehicles.

The contract could be worth more than $6 billion in total. It allows for delivery over 10 years of between 50,000 and 165,000 of a mix of internal combustion-powered and battery-electric vehicles.

Workhorse had proposed building an all-electric vehicle fleet for USPS and has the support of many U.S. lawmakers. USPS did not immediately comment. The bid protest was filed in the U.S. Court of Federal Claims under seal.
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