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 78G Smith & Wesson Model 78G Smith & Wesson models 78G and 79G are vintage models of air-powered pistols. Each model chambered either a .177 or .22 caliber pellet. The Smith & Wesson G-series pistols were designed with attention to accuracy and weight, making them ideal in developing short-range marksmanship skills while using a less-penetrating, air-driven pellet as the projectile. They were designed to imitate the Smith & Wesson Model 41 target pistol. Both models are equipped with target style adjustable sights. These airguns were manufactured from 1970 to 1978. They are single shot pistols, requiring manual reloading after each shot.