Smith & Wesson M76 Smith & Wesson M76 The Smith & Wesson M76 submachine gun was produced by Smith & Wesson from 1967 to 1974. It is an adaptation of the Swedish Carl Gustav m/45 with an open bolt design and fires 9x19mm Parabellum ammunition. In 1966, the Swedish government blocked the sale of firearms to the United States because it opposed the Vietnam War. This created a problem for the Navy SEAL Teams which were using Swedish-made m/45 submachine guns in covert operations in Southeast Asia. Noting this, Smith & Wesson began to produce the M76 (an m/45 clone), which was ready for
Smith & Wesson $0.25 on every revolver that they made. It would become White's responsibility to defend his patent in any court cases which eventually led to his financial ruin, but was very advantageous for the new Smith & Wesson Company. Smith & Wesson's revolvers came into popular demand with the outbreak of the American Civil War as soldiers from all ranks on both sides of the conflict made private purchases of the revolvers for self-defense. The orders for the Smith & Wesson Model 1 revolver outpaced the factory's production capabilities. In 1860 demand was so great that Smith & Wesson expanded into