There is a cost that comes with high performance and in this case, it's a lot less than you think. The Model 700 SPS (Special Purpose Synthetic) is where rock-solid dependability meets affordability. The Model 700 SPS is leading the way for the next generation of hard-hitting, fully-featured, affordably-priced rifles. From the rock-solid receiver design to the famous "three rings of steel," the Model 700 SPS offers the unrivaled out-of-the-box accuracy and high-end performance you have come to expect from America's most popular bolt-action centerfire rifle. Features of the new 700 SPS include an improved, ergonomically designed synthetic stock, carbon steel barrel, and a receiver that has been drilled and tapped for scope mounts. All exterior metalwork features a matte blued finish.