Smith & Wesson Model No. 2 Army Smith & Wesson Model No. 2 Army The Smith & Wesson Model No. 2 Army a.k.a. "Model No. 2 Old Model Smith & Wesson Revolver" was Smith & Wesson's first .32 caliber revolver, intended to combine the small size and convenience of the Smith & Wesson Model 1 .22 rimfire with a larger caliber. Chambered in the .32 rimfire long caliber, its cylinder held 6 shots. It was manufactured 1861 - 1874, with a total production of 77,020. Horace Smith and Daniel B. Wesson founded the Smith & Wesson Company in Norwich, Connecticut, to develop Volcanic Firearms, in 1855 the
Smith & Wesson bought Crimson Trace, a laser-sight manufacturer, for $95 million and Taylor Brands, a tool and knife maker, for $85 million. In November of that same year the company bought UST Brands, a survival equipment maker, for $32.3 million. On November 7, 2016, Smith & Wesson announced that it would be changing the name of its holding company to American Outdoor Brands Corporation. In 2017 Smith & Wesson saw a severe contraction in its sales as units shipped to distributors and retailers declined 38.3%. The company was forced to lay off one-fourth of its manufacturing workforce. The company has come under