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 Smith & Wesson Model 645 The Smith & Wesson 645 and Smith & Wesson 745 are second-generation semi-automatic pistols which predates Smith & Wesson's 4500 series of handguns. The S&W 645/745 is chambered for the .45 ACP cartridge. The S&W 645 is constructed almost entirely from stainless steel and is thus extremely resistant to harsh weather conditions, whereas the S&W 745 has a stainless steel frame and a blued carbon steel slide. The S&W 645 was introduced in 1985 and discontinued in 1988. The S&W 745 was produced from 1986 to 1990, primarily as a single-action competition gun for IPSC