Inspiring Business by Sharing Success
Added by Love Business East Midlands | 1 May 2026
Peter Simson, Director at Tyron Runflat, said
“The defence industry as a whole is facing a challenging time. With a crisis in the Middle East and the continuing war between Russia and Ukraine, conversations are naturally gravitating towards how much is being spent. However, we believe the focus should also be placed on how effectively that spending translates into operational resilience.
“Platforms often get the funding, but survivability and mobility often don’t. Now more than ever, the ability to keep assets moving safely is just as critical as the asset itself. Effectively managing the widespread implementation of innovative solutions in the UK should be paramount. As we work to navigate these unpredictable times of global unrest, within a constrained funding environment, innovation must prove operational value quickly. It isn’t just about the most advanced technologies; it is about the solutions that can be deployed at scale and deliver immediate impact.
“Advancements across the defence industry are unpredictable. We’re living in a new era of technological advancements which are shaping war efforts in real-time. With tight fiscal constraints, the conversation is shifting around defence investment to focus more closely on what we can do with what we already have. This should create a tighter focus on technologies that extend asset life, reduce downtime and improve safety. These gains are essential to creating defence readiness.
“Established in Loughborough in 2001, we have built our business on providing (reliable tyre safety solutions), supporting war efforts over the past two decades. We are proud to have done what we can to support this integral industry, but as the future remains uncertain, it is more important than ever that investment is utilised with the most strategic approach to build resilience across UK defence.”
Facing political pressure, global unrest, delays and investment budgets, Tyron fears spending could gravitate towards the most visible capabilities, rather than focusing on mobility, protection and continuity.
As modern warfare exposes a new layer of innovation and technological demands required during conflict, the local inventor of the Tyron Multiband is shining a spotlight on the importance of balancing funding across defence programmes and the value of local innovation and manufacturing expertise.
The Government has committed to increasing defence spending to 2.5 per cent of gross domestic product (GDP) by 2027, rising to 3.5 per cent by 2035. However, the BBC reports Sir Keir Starmer is facing growing pressure to set out when the Government’s military funding plan will be published, amid an escalating row over UK defence spending.
To learn more about Tyron Runflat and its Tyron Multiband, visit: www.tyron.co.uk