Yes it should work, you would just need an AICS compatible magazine. You can find Magpul's version here: https://www.opticsplanet.com/magpul-industries-pmag-ac-l-magazine-aics-long-action.html?_iv_caliber-193146313=dot-30-06-springfield
Yes, I have this stock on a .270 Winchester Remington 700. You will need to buy Magpul's magwell/trigger guard which also comes with an AICS mag. Also, the original action screws will be too short. I had to order another set that was longer and cut it with a saw to fit properly.