Smith & Wesson Buys Savage Arms: What We Know
Smith & Wesson buys Savage Arms: the deal closed October 21, 2026, bringing the Westfield, Massachusetts, maker of the 110, AXIS and Model 334 rifles under S&W. S&W put Savage's value at $160 million, paid with about 9 million S&W shares plus cash, and sees Savage's hunting rifles and shotguns filling out its handgun-heavy lineup. Neither company has announced changes to Savage models, the Westfield operation, jobs, warranty service or the Stevens and Fox names yet. We'll update this as they share more.
Where this comes from
Official source:Smith & Wesson Brands investor relations (press release)(opens ir.smith-wesson.com in a new tab)ir.smith-wesson.com
Dated October 21, 2026 by the source. The summary above is ours; the official statement is the final word.