Smith & Wesson NRA and NSSF over the issue of smart guns, thousands of retailers and tens of thousands of firearms consumers boycotted Smith & Wesson. CEO Ed Shultz, who negotiated the deal, was forced out in September of that year. By December 2000, the company's stock price was 19 cents per share. Smith & Wesson dropped its smart gun plans after nearly being driven out of business. On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins plc for US$15 million, a fraction of the US$112 million originally paid by Tomkins. Saf-T-Hammer assumed US$30 million in debt, bringing the
Smith & Wesson other manufacturers. Smith & Wesson's Performance Center produces the top of the line hand fitted competition version knowns as the PC 1911. While most 1911s run around , the PC 1911 is heavier, at approximately . The full-length guide rod adds some weight, and so does the add-on magazine well. During the early years of WW2, Smith & Wesson manufactured batches of the Model 1940 Light Rifle under request from the British Government. In January 2006, Smith & Wesson reentered the rifle market with its M&P15 series of rifles based on the AR-15. Unveiled at SHOT Show 2006, the rifle