I Am a Retired US Army Special Forces NCO: I Have Fired the M24, Which Is Built on a Remington 700 Action. The Rifle Is Still Good. The Company Settled a Class Action Covering About 7,500,000 Rifles, Went Bankrupt in 2020, and Closed the Ilion Plant in 2024 After More Than 200 Years.

I Am a Retired US Army Special Forces NCO: I Have Fired the M24, Which Is Built on a Remington 700 Action. The Rifle Is Still Good. The Company Settled a Class Action Covering About 7,500,000 Rifles, Went Bankrupt in 2020, and Closed the Ilion Plant in 2024 After More Than 200 Years.

Mike Walker designed the 721 and 722 after the war as a cheaper answer to Winchester's Model 70, and the 700 that came out of it in 1962 was simple enough to machine that stock makers, chassis builders and custom action shops all standardized on its dimensions. The Marines took it to Vietnam as the M40 in 1966. The Army adopted the M24 in 1988. Then came the Walker trigger settlement, a 2014 recall of the trigger meant to replace it, bankruptcy …