diff --git a/chart/values.yaml b/chart/values.yaml
index 7ae05f13d20a8190c2f65334a8cd49e76cd4d34e..a41c715e7fc07d300b4528391507d9f0cb78fa21 100644
--- a/chart/values.yaml
+++ b/chart/values.yaml
@@ -131,7 +131,7 @@ istio:
   git:
     repo: https://repo1.dso.mil/platform-one/big-bang/apps/core/istio-controlplane.git
     path: "./chart"
-    tag: "1.16.1-bb.0"
+    tag: "1.16.1-bb.1"
 
   # -- Tetrate Istio Distribution - Tetrate provides FIPs verified Istio and Envoy software and support,
   # validated through the FIPs Boring Crypto module. Find out more from Tetrate - https://www.tetrate.io/tetrate-istio-subscription
@@ -247,7 +247,7 @@ istiooperator:
   git:
     repo: https://repo1.dso.mil/platform-one/big-bang/apps/core/istio-operator.git
     path: "./chart"
-    tag: "1.16.1-bb.0"
+    tag: "1.16.1-bb.1"
 
   # -- Flux reconciliation overrides specifically for the Istio Operator Package
   flux: {}