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.