In the eye of mass production this is the only way to do it, one strike of an automated machine, like a cookie cutter. While making a nice flat piece by punching, then drilling, and machining just adds two extra and expensive steps to a piece that guys like me are just going to literally bash against things. A little bend, a little wobble is of no matter to us troops in the field, does it poke holes in bad guys, stay on the end of the rifle, and not snap when windlassing barbed wire is pretty much all we care about.
Best to build them fast and cheap, because we are going to break them regardless how nice they are finished.