Smith & Wesson total purchase price to US$45 million. Saf-T-Hammer, a manufacturer of firearms locks and other safety products, purchased the company with the intention of incorporating its line of security products into all Smith & Wesson firearms in compliance with the 2000 agreement. The acquisition of Smith & Wesson was chiefly brokered by Saf-T-Hammer President Bob Scott, who had left Smith & Wesson in 1999 because of a disagreement with Tomkins’ policies. After the purchase, Scott became the president of Smith & Wesson to guide the 157-year-old company back to its former standing in the market. On February 15, 2002, the name
Smith & Wesson Model 39 Smith & Wesson Model 39 The Smith & Wesson Model 39 was a semi-automatic pistol developed for the US Army service pistol trials of 1954. After the Army abandoned its search for a new pistol, the Model 39 went on the civilian market in 1955 and was the first of Smith & Wesson's first generation semi-automatic pistols. The Smith & Wesson Model 39 was the first U.S. designed double action (DA) semi-automatic pistol marketed in the United States. The German Walther P38 DA pistol impressed American ordnance personnel during World War II. The Army Ordnance Corps issued a proposal for