From Remington:

There is a cost that comes with high performance, in this case, it’s a lot less than you think. The Model 700™ SPS™ DM (Special Purpose Synthetic Detachable Magazine) offers everything you love about the legendary Model 700™, all at an extremely affordable price.

Built to carry on the tradition of the Model 700™ ADL™ Synthetic, the Model 700™ SPS™ DM is leading the way for the next generation of hard-hitting, fully featured, affordable priced rifles. From the rock-solid receiver design to the famous “three rings of steel,” the Model 700™ SPS™ DM offers the unrivaled out-of-the-box accuracy and high-end performance you've come to expect from America’s most popular bolt-action centerfire rifle. The Model 700™ SPS™ DM features an improved, ergonomically designed synthetic stock for better handling and enhanced overall functionality. The carbon steel barrel comes clean without sights and the receiver is drilled and tapped for scope mounts. All exterior metalwork features a matte blued finish. Standard amenities also include a stainless steel detachable magazine box, and swivel studs.

KEY FEATURES:

• Improved, ergonomically designed synthetic stock.
• 24" clean barrel - Magnum and Ultra Mag offerings feature a 26" barrel.
• Drilled and tapped for scope mounts.
• Equipped with swivel studs.