Smith & Wesson total purchase price to US$45 million. Saf-T-Hammer, a manufacturer of firearms locks and other safety products, purchased the company with the intention of incorporating its line of security products into all Smith & Wesson firearms in compliance with the 2000 agreement. The acquisition of Smith & Wesson was chiefly brokered by Saf-T-Hammer President Bob Scott, who had left Smith & Wesson in 1999 because of a disagreement with Tomkins’ policies. After the purchase, Scott became the president of Smith & Wesson to guide the 157-year-old company back to its former standing in the market. On February 15, 2002, the name
Smith & Wesson Model 4506 4567-NS. Only 1236 were produced in the 1992 single year production. Smith & Wesson Model 4505: Rare blued carbon steel version of the 4506, only about 1,200 manufactured in 1992 Smith & Wesson Model 4586: A double-action-only version of the 4566, with a partially preset hammer and no external safety/decocker. The issued sidearm of the Idaho State Police from 1992-2002. Smith & Wesson Model 4506 The Smith & Wesson Model 4506 is a third-generation semi-automatic pistol from Smith & Wesson's 4500 series of handguns. The 4506 is chambered for the .45 ACP cartridge and, with the purchase of special springs,