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 22 Smith & Wesson Model 22 The Smith & Wesson Model 22 is a 6-shot, double-action, large frame revolver chambered in .45 ACP using moon clips. It's a refined commercial version of the M1917 revolver first issued during World War I. Built around Smith & Wesson's large N frame, it was originally sold as the Model 1950 and is normally fitted with a 5½" barrel with no under lug and fixed combat sights. The Models 25 and Model 26 are the "Target" models. The Model 22 was succeeded by the stainless steel Smith & Wesson Model 625. The Model 22 was