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 Model 64 Smith & Wesson Model 64 The Smith & Wesson Model 64 "Military and Police" revolver is the stainless steel version of its Model 10. The Model 64 is a six-shot double-action revolver with fixed sights chambered in .38 Special. It was the second all stainless steel revolver made by Smith & Wesson, the first being the Smith & Wesson Model 60. It was widely used by several U.S. police, sheriff and state agencies and was a popular choice in high humid states because the stainless model 64 was more corrosion and rust resistant than the blued Model 10. Originally offered