Crenshaw joined the comedian for the Weekend Update comedy news section of the sketch show to mark Veterans Day weekend, and accepted Davidson's apology for a controversial joke he had made on the previous week's show.
"For one day, Republicans and Democrats agreed on one thing: I'm a d**k," Davidson said during his apology.
U.S. Navy veteran Crenshaw then appeared next to the comic, shook his hand and said, "Apology accepted."
The war hero, who lost his eye while serving his country, then poked fun at Pete as his cellphone started ringing to "Breathin", the new single from Davidson's ex, Ariana.
"I'm just going to let it keep ringing," he said, looking at Davidson and adding, "Do you know her?"
Crenshaw ended the segment by poking fun at a photo of Davidson, stating, "He looks like if the meth from 'Breaking Bad' is a person."