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 Triple Lock Ejector 3rd Model, but the "Triple Lock" feature was never used again. To cover manufacturing shortages of the Webley Mk VI, early in the war the Ministry of Munitions contracted Colt and Smith & Wesson to manufacture revolvers chambered in .455 Webley. Smith & Wesson were given an initial contract to manufacture 5,000 triple lock pistols, known as the Pistol Smith & Wesson .455 with 61⁄2 inch barrel Mark I, it was introduced into British service as a "substitute standard" sidearm on 5 July 1915 alongside the Colt New Service. Subsequent orders, lacking the third locking lug and ejector shroud,