Odd... when I tried it yesterday in my Freespace mod I didn't see anything, but with regular Nexus ships and weapons I see the lighting effect. After having a look at the effect with PIX, I'd guess, Nexus uses the empty "lighting slot" of the sun to create that weapon lighting effect. That would explain, why we don't see any of that lighting when fighting in sunlight.
Nexus seems to use a single-pass lighting system with support for one or two directional lights, depending on the number of suns. Only if the current scene is not affected by sunlight, because it's hidden behind a moon or planet, the sun lighting slot gets available for local light sources. That doesn't give a realistic lighting result, because weapon lighting will be treated as directional light instead of local, but in the heat of battle noone notices that anyway.