diff --git a/chart/values.yaml b/chart/values.yaml
index 8a30ac73279b1472c101e78aaba68d62d0cd148d..835b1e6db262504ca45c2eea50fd05367f5fe70c 100644
--- a/chart/values.yaml
+++ b/chart/values.yaml
@@ -147,7 +147,7 @@ istio:
   git:
     repo: https://repo1.dso.mil/platform-one/big-bang/apps/core/istio-controlplane.git
     path: "./chart"
-    tag: "1.16.2-bb.0"
+    tag: "1.17.1-bb.0"
 
   # -- 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
@@ -263,7 +263,7 @@ istiooperator:
   git:
     repo: https://repo1.dso.mil/platform-one/big-bang/apps/core/istio-operator.git
     path: "./chart"
-    tag: "1.16.2-bb.0"
+    tag: "1.17.1-bb.0"
 
   # -- Flux reconciliation overrides specifically for the Istio Operator Package
   flux: {}