The receptor tyrosine kinase Kit plays critical roles in hematopoiesis, gametogenesis and melanogenesis. In mast cells, Kit receptor activation mediates several cellular responses including cell proliferation and suppression of apoptosis induced by growth factor deprivation and γ‐irradiation. Kit receptor functions are mediated by kinase activation, receptor autophosphorylation and association with various signaling molecules. We have investigated the role of phosphatidylinositol 3′‐kinase (PI 3‐kinase) and Src kinases in Kit‐mediated cell proliferation and suppression of apoptosis induced both by factor deprivation and irradiation in bone marrow‐derived mast cells (BMMC). Analysis of Kit−/− BMMC expressing mutant Kit receptors and the use of pharmacological inhibitors revealed that both signaling pathways contribute to these Kit‐mediated responses and that elimination of both pathways abolishes them. We demonstrate that the PI 3‐kinase and Src kinase signaling pathways converge to activate Rac1 and JNK. Analysis of BMMC expressing wild‐type and dominant‐negative mutant forms of Rac1 and JNK revealed that the Rac1/JNK pathway is critical for Kit ligand (KL)‐induced proliferation of mast cells but not for suppression of apoptosis. In addition, KL was shown to inhibit sustained activation of JNK induced by γ‐irradiation and concomitant irradiation‐induced apoptosis.