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 469 finish, the Model 6906, which was the same pistol in a stainless steel finish, both operating in double-action/single-action mode. The Model 6946 was similar to the 6906 but operated in double-action-only mode. Although the 69-series of pistol is no longer produced, the polymer-framed Smith & Wesson M&P compact possesses similar dimensions, and the same barrel length and magazine capacity (in 9mm). Smith & Wesson Model 469 The Smith & Wesson Model 469 is a semi-automatic pistol, chambered for the 9mm cartridge. The Model 469 is an early model in Smith & Wesson's 59-series, envisioned as pistols that could be easily