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 SW99 Smith & Wesson SW99 The SW99 rendition of the popular Walther P99 was the product of a joint collaboration between Smith & Wesson and Walther. The modified receiver used in the SW99 is supplied by Walther and is manufactured in Germany. Smith & Wesson manufactures the slide and barrel of the SW99 in the United States. Though there are slight variations in aesthetic design, the function of the SW99 is identical to its German-made counterpart. The Smith & Wesson SW99 is a modern, polymer frame pistol that is nearly identical to the Walther P99. The SW99 features an internal striker,