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 in 1993. Noted for its accuracy, dependability and manageable recoil, the Model 64 is still in use for security, inmate transportation (Corrections), target shooting, formal target competition and personal defense. 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