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 4506 Smith & Wesson Model 4516: Compact version with a 3 " barrel on a smaller frame accepting 7 round single column magazines. Smith & Wesson Model 4546: Double-action-only version of the 4506 with a rounded, stubby hammer. Only produced in 1992. Smith & Wesson Model 4563: Midsize version with a 4" barrel on a full-size alloy frame. Smith & Wesson Model 4566: Midsize version with a 4" barrel on a full-size steel frame, the 4566 was formerly the issued sidearm of the New Hampshire State Police. Current issue (June 2015) with West Virginia State Police, in DAO (Double-Action-Only; TSW version),