Smith & Wesson NRA and NSSF over the issue of smart guns, thousands of retailers and tens of thousands of firearms consumers boycotted Smith & Wesson. CEO Ed Shultz, who negotiated the deal, was forced out in September of that year. By December 2000, the company's stock price was 19 cents per share. Smith & Wesson dropped its smart gun plans after nearly being driven out of business. On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins plc for US$15 million, a fraction of the US$112 million originally paid by Tomkins. Saf-T-Hammer assumed US$30 million in debt, bringing the
Smith & Wesson Model 645 shooting. Smith & Wesson (S&W) began experiments with .45 ACP-firing pistols in 1984, and produced their first one, the Model 645, in 1985. Public demand led to the development of this series. The series is a .45 ACP version of their 9mm Parabellum weapons. They are normally double-action weapons, or what Smith & Wesson refers to as a traditional double action. They generally have a barrel bushing press fitted into the muzzle end of the slide instead of a separate barrel bushing like a 1911 pistol. Like many Smith & Wesson models, each variant was generally in production for only