U.S. Postal Service awards billion-dollar truck contract to Oshkosh

WASHINGTON — The U.S. Postal Service (USPS) said on Tuesday it will award a multibillion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation of postal delivery vehicles. Under the initial $482 million investment, Oshkosh Defense, a unit of Oshkosh Corp, will finalize the production design, testing and vehicle tooling necessary prior to vehicle production.