This Defence Stock Soars 10 per cent After Securing License to Manufacture MK-46 and MK-48 Machine Guns This Defence Stock Soars 10 per cent After Securing License to Manufacture MK-46 and MK-48 Machine Guns A leading defence player sees its stock climb sharply after obtaining a license to produce advanced Light Machine Guns with an annual capacity of 6,000 units. Pushkar Shinde / Tuesday, January 7, 2025 / Article rating: 3.3 A leading defence player sees its stock climb sharply after obtaining a license to produce advanced Light Machine Guns with an annual capacity of 6,000 units.