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 10 Wesson Model 10 were produced in Israel by Israel Military Industries (IMI) as the Revolver IMI 9mm. The weapon was chambered in the 9mm Luger caliber, instead of .38 Special, the original caliber. Also, Norinco of China has manufactured the NP50, which is a copy of the Smith & Wesson Model 64, since 2000. Smith & Wesson Model 10 The Smith & Wesson Model 10, previously known as the Smith & Wesson .38 Hand Ejector Model of 1899, the Smith & Wesson Military & Police or the Smith & Wesson Victory Model, is a revolver of worldwide popularity. In production