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 17 be dry. The Model 17 was discontinued in 1998, but in 2009 was reintroduced as the Model 17 "Masterpiece" due to a resurgence in the popularity of vintage Smith & Wesson revolvers. The company chose approx. fifteen previously discontinued models to produce once again. This was done under the "Classics" category of S&W's current offerings. Smith & Wesson Model 17 The Smith & Wesson Model 17 is a six-shot double-action revolver chambered for .22 LR. It is built on Smith & Wesson's medium-sized K-frame. Smith & Wesson's Models 16 and 17 have their origins with the company's Pre-World War 2