It's already a government owned enterprise.. sort of like General Motors. If the Russians can't stay out of bankruptcy selling AK's, they are really fooked up, just like GM will be after a few years of "government holding".
How about a tax credit so every American can buy two and pump up sales to save jobs?
We could create the 0bama Bureau of Gun Supply with stimulus funds,
At least that might be constitutional under the Congress power to provide for arming the militia.
We've got factories that make AK's right here in the US, and they are doing quite nicely. As are the ones that make ARs, and various other engines of death. Ammunition plants are 24/7 and are just barely keeping up.
I guess I really do need the sarcasm tags.