Later this month Ruger will enter yet another product category. Until now they have neglected the budget bolt action market, preferring to sell mid-range and high-end rifles instead. The Ruger American Rifle is budget-priced with a MSRP of $449.

The rifle features aluminum bedding blocks, Savage Accutrigger-style adjustable trigger and four round rotary magazine. It is chambered in .243 Win., .270 Win., .30-06 and .308 Win. The action comes in one size (long action).

The Remington 770 and Savage Axis both have MSRPs about $90 less than the American. The American is priced about the same as the Mossberg ATR 100 and has similar features, including a Accutrigger-style adjustable trigger.

Ruger will sell truck loads of these rifles and by the end of 2012 there are sure to be a variety of models with stainless and camo finishes.