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 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 concealed, but with sufficient firepower to work as service weapons as well. It is a traditional double-action pistol with a 3.5-inch barrel, equipped with a slide-mounted safety/decocker. Magazine capacity is 12 rounds. When Smith & Wesson introduced its "third-generation" series of semiautomatics, several similar pistols succeeded the Model 469. These included the Model 6904, which had an alloy frame with black