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It would be a .308 (you can shoot 7.62 NATO in a .308 barrel. but you cant shoot .308 in a 7.62 barrel (.308 is the hotter higher pressure round) specs Specifications and features: Remington Model 700 5-R Gen-2 85196 Bolt Action Rifle .308 Winchester 4 Rounds 20" Fluted Stainless Steel Threaded Barrel Threaded 5/8x24 TPI with a 1:11.25" Twist Drilled and Tapped Receiver Internal Magazine X-Mark Pro Adjustable Trigger 2 Position Safety H-S Precision Synthetic Stock Stock is Sand with Black Webbing Sling Swivel Studs Black Cerakote Finish Length of Pull 13.375" Overall Length 39.75" Weight 8.5 Pounds
The Barrel is stamped "308" so it will fire the lower pressure 7.62x51 Round as well Stephen.
It would be a .308 (you can shoot 7.62 NATO in a .308 barrel. but you cant shoot .308 in a 7.62 barrel (.308 is the hotter higher pressure round) specs Specifications and features: Remington Model 700 5-R Gen-2 85196 Bolt Action Rifle .308 Winchester 4 Rounds 20" Fluted Stainless Steel Threaded Barrel Threaded 5/8x24 TPI with a 1:11.25" Twist Drilled and Tapped Receiver Internal Magazine X-Mark Pro Adjustable Trigger 2 Position Safety H-S Precision Synthetic Stock Stock is Sand with Black Webbing Sling Swivel Studs Black Cerakote Finish Length of Pull 13.375" Overall Length 39.75" Weight 8.5 Pounds
Hi Stephen, It would be a .308 (you can shoot 7.62 NATO in a .308 barrel. but you cant shoot .308 in a 7.62 barrel (.308 is the hotter higher pressure round) specs Specifications and features: Remington Model 700 5-R Gen-2 85196 Bolt Action Rifle .308 Winchester 4 Rounds 20" Fluted Stainless Steel Threaded Barrel Threaded 5/8x24 TPI with a 1:11.25" Twist Drilled and Tapped Receiver Internal Magazine X-Mark Pro Adjustable Trigger 2 Position Safety H-S Precision Synthetic Stock Stock is Sand with Black Webbing Sling Swivel Studs Black Cerakote Finish Length of Pull 13.375" Overall Length 39.75" Weight 8.5 Pounds
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It would be a .308 (you can shoot 7.62 NATO in a .308 barrel. but you cant shoot .308 in a 7.62 barrel (.308 is the hotter higher pressure round) specs Specifications and features: Remington Model 700 5-R Gen-2 85196 Bolt Action Rifle .308 Winchester 4 Rounds 20" Fluted Stainless Steel Threaded Barrel Threaded 5/8x24 TPI with a 1:11.25" Twist Drilled and Tapped Receiver Internal Magazine X-Mark Pro Adjustable Trigger 2 Position Safety H-S Precision Synthetic Stock Stock is Sand with Black Webbing Sling Swivel Studs Black Cerakote Finish Length of Pull 13.375" Overall Length 39.75" Weight 8.5 Pounds