Edit: I was typing while @photoptimist was posting above. I think we're thinking along the same lines. Systems engineering backgrounds?
The notion of "tweaking" or updating a lens design might suggest that it's a relatively easy task.
However, systems that are tightly integrated -- such as optical lenses -- have been designed so that all components contribute to the design objectives and technical requirements precisely. For lenses, design objectives would include focal length, aperture, optical performance (quantitative and qualitative), physical dimensions, mass, balance, electrical power, operating temperature limits, autofocus speed and tolerances (e.g., focus throw, gears), manual focus haptics, among others. The lens system includes the optical elements and their coatings, structural elements, lubricants, mechanical components, fasteners, electrical and electronic elements and assemblies, and others. There are many trade-offs amongst these objectives and design choices, and the designer also must work within specified financial cost constraints.
In this type of tightly integrated system, "tweaking" one design objective can perturb many design elements, depending on the extent of the system design 'trade space'. It's more reasonable to think of a "re-design" that would reset all of the design objectives and requirements while encompassing modern materials and methodologies. The designer would then start from the ground up, so to speak.
Of course, a new lens might be based on certain key design objectives of an existing one -- a designer might wish to achieve a similar physical size or mass, focal length, or widest aperture, for example. But it's not a simple matter of doing minor adjustments to, say, a previous optical formula or to insert a new autofocus motor or gear train, or wedge in environmental seals.