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 422 Smith & Wesson Model 422 The Smith & Wesson Model 422, is a semi automatic .22 LR pistol manufactured by Smith & Wesson. Produced from 1987–1996, the Model 422 was the company's entry into the lucrative mid-priced rimfire pistol market. This niche was, at the time, dominated by Sturm Ruger's highly successful Mk I and Mk II series of pistols. Smith & Wesson had previously left the market position after 1966, when the Model 46 was dropped from their catalog. The pistol retailed for roughly $250US before it was discontinued in 1996. Along with all the variants listed below, a