Smith & Wesson M76 disappointing sales of the Omega ultimately drove the decision to cease production and the decision left a number of parts that were never assembled into guns. Smith & Wesson M76 The Smith & Wesson M76 submachine gun was produced by Smith & Wesson from 1967 to 1974. It is an adaptation of the Swedish Carl Gustav m/45 with an open bolt design and fires 9x19mm Parabellum ammunition. In 1966, the Swedish government blocked the sale of firearms to the United States because it opposed the Vietnam War. This created a problem for the Navy SEAL Teams which were using Swedish-made
Smith & Wesson Model 3 Wesson–made revolvers (which Smith & Wesson had already produced), and delaying (or refusing) payment for the handguns that had already been delivered. The U.S. Army adopted the .44 S&W American caliber Smith & Wesson Model 3 revolver in 1870, making the Model 3 revolver the first standard-issue cartridge-firing revolver in US service. Most military pistols until that point were black powder cap and ball revolvers, which were (by comparison) slow, complicated, and susceptible to the effects of wet weather. In 1875, the US Ordnance Board granted Smith & Wesson a contract to outfit the military with Model 3 revolvers incorporating