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 SD built, the unique feature was a Titanium slide. The SW40Ti was never put into production. At this time Smith & Wesson retired the 4.5 inch barrel and switched all Sigmas to the 4.0 inch barrel. Sigmas from this era onward are considered "2nd generation" Sigmas. Shortly after the introduction of the VE series, Smith & Wesson further improved it by adding an accessory rail but did not change the model number to reflect this update. Sometime after 1999 Smith & Wesson introduced the SW40P and SW9P. These models were identical to the SW40VE and SW9VE but added porting to the