diff --git a/README.md b/README.md
index 888c77a79..2da8ee859 100644
--- a/README.md
+++ b/README.md
@@ -94,14 +94,14 @@ Note: Upstart/SysV init based OS types are not supported.
 ## Supported Components
 
 - Core
-  - [kubernetes](https://github.com/kubernetes/kubernetes) v1.31.4
-  - [etcd](https://github.com/etcd-io/etcd) v3.5.16
+  - [kubernetes](https://github.com/kubernetes/kubernetes) v1.31.7
+  - [etcd](https://github.com/etcd-io/etcd) v3.5.19
   - [docker](https://www.docker.com/) v26.1
-  - [containerd](https://containerd.io/) v1.7.24
-  - [cri-o](http://cri-o.io/) v1.31.0 (experimental: see [CRI-O Note](docs/CRI/cri-o.md). Only on fedora, ubuntu and centos based OS)
+  - [containerd](https://containerd.io/) v1.7.26
+  - [cri-o](http://cri-o.io/) v1.31.6 (experimental: see [CRI-O Note](docs/CRI/cri-o.md). Only on fedora, ubuntu and centos based OS)
 - Network Plugin
-  - [cni-plugins](https://github.com/containernetworking/plugins) v1.2.0
-  - [calico](https://github.com/projectcalico/calico) v3.29.1
+  - [cni-plugins](https://github.com/containernetworking/plugins) v1.4.1
+  - [calico](https://github.com/projectcalico/calico) v3.29.2
   - [cilium](https://github.com/cilium/cilium) v1.15.9
   - [flannel](https://github.com/flannel-io/flannel) v0.22.0
   - [kube-ovn](https://github.com/alauda/kube-ovn) v1.12.21
diff --git a/inventory/sample/group_vars/k8s_cluster/k8s-cluster.yml b/inventory/sample/group_vars/k8s_cluster/k8s-cluster.yml
index b11960fb1..53fa00787 100644
--- a/inventory/sample/group_vars/k8s_cluster/k8s-cluster.yml
+++ b/inventory/sample/group_vars/k8s_cluster/k8s-cluster.yml
@@ -17,7 +17,7 @@ kube_token_dir: "{{ kube_config_dir }}/tokens"
 kube_api_anonymous_auth: true
 
 ## Change this to use another Kubernetes version, e.g. a current beta release
-kube_version: v1.31.4
+kube_version: v1.31.7
 
 # Where the binaries will be downloaded.
 # Note: ensure that you've enough disk space (about 1G)
diff --git a/roles/kubespray-defaults/defaults/main/download.yml b/roles/kubespray-defaults/defaults/main/download.yml
index cf28cf129..02dd14125 100644
--- a/roles/kubespray-defaults/defaults/main/download.yml
+++ b/roles/kubespray-defaults/defaults/main/download.yml
@@ -74,12 +74,12 @@ image_arch: "{{ host_architecture | default('amd64') }}"
 
 # Versions
 crun_version: 1.17
-runc_version: v1.2.3
+runc_version: v1.2.5
 kata_containers_version: 3.1.3
 youki_version: 0.4.1
 gvisor_version: 20240305
-containerd_version: 1.7.24
-cri_dockerd_version: 0.3.11
+containerd_version: 1.7.26
+cri_dockerd_version: 0.3.16
 
 # this is relevant when container_manager == 'docker'
 docker_containerd_version: 1.6.32
@@ -99,7 +99,7 @@ github_image_repo: "ghcr.io"
 
 # TODO(mattymo): Move calico versions to roles/network_plugins/calico/defaults
 # after migration to container download
-calico_version: "v3.29.1"
+calico_version: "v3.29.2"
 calico_ctl_version: "{{ calico_version }}"
 calico_cni_version: "{{ calico_version }}"
 calico_policy_version: "{{ calico_version }}"
@@ -111,10 +111,10 @@ calico_apiserver_enabled: false
 flannel_version: "v0.22.0"
 flannel_cni_version: "v1.1.2"
 weave_version: 2.8.7
-cni_version: "v1.4.0"
+cni_version: "v1.4.1"
 
 cilium_version: "v1.15.9"
-cilium_cli_version: "v0.16.0"
+cilium_cli_version: "v0.16.24"
 cilium_enable_hubble: false
 
 kube_ovn_version: "v1.12.21"
@@ -136,9 +136,9 @@ pod_infra_supported_versions:
 pod_infra_version: "{{ pod_infra_supported_versions[kube_major_version] }}"
 
 etcd_supported_versions:
-  v1.31: "v3.5.16"
-  v1.30: "v3.5.16"
-  v1.29: "v3.5.16"
+  v1.31: "v3.5.19"
+  v1.30: "v3.5.19"
+  v1.29: "v3.5.19"
 etcd_version: "{{ etcd_supported_versions[kube_major_version] }}"
 
 crictl_supported_versions:
@@ -148,9 +148,9 @@ crictl_supported_versions:
 crictl_version: "{{ crictl_supported_versions[kube_major_version] }}"
 
 crio_supported_versions:
-  v1.31: v1.31.0
-  v1.30: v1.30.3
-  v1.29: v1.29.1
+  v1.31: v1.31.6
+  v1.30: v1.30.11
+  v1.29: v1.29.13
 crio_version: "{{ crio_supported_versions[kube_major_version] }}"
 
 # Scheduler plugins doesn't build for K8s 1.29 yet
diff --git a/roles/kubespray-defaults/defaults/main/main.yml b/roles/kubespray-defaults/defaults/main/main.yml
index c21d27e51..dc90f7d0a 100644
--- a/roles/kubespray-defaults/defaults/main/main.yml
+++ b/roles/kubespray-defaults/defaults/main/main.yml
@@ -18,7 +18,7 @@ kubelet_fail_swap_on: true
 kubelet_swap_behavior: LimitedSwap
 
 ## Change this to use another Kubernetes version, e.g. a current beta release
-kube_version: v1.31.4
+kube_version: v1.31.7
 
 ## The minimum version working
 kube_version_min_required: v1.29.0