diff --git a/Dockerfile b/Dockerfile
index d0450b2..8710492 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -8,9 +8,9 @@ RUN apt-get update && apt-get upgrade -y --no-install-recommends \
 
 # Layers used for building/downloading/installing tools
 FROM baseline as tool_builder
-ARG HELM_VERSION=3.14.4
-ARG KUBECTL_VERSION=1.29.7
-ARG TERRAFORM_VERSION=1.8.5-*
+ARG HELM_VERSION=3.16.2
+ARG KUBECTL_VERSION=1.29.10
+ARG TERRAFORM_VERSION=1.9.8-*
 
 WORKDIR /build
 
diff --git a/docs/REQUIREMENTS.md b/docs/REQUIREMENTS.md
index e4a8e0c..59908b5 100644
--- a/docs/REQUIREMENTS.md
+++ b/docs/REQUIREMENTS.md
@@ -684,6 +684,6 @@ The third-party applications that are listed in the following table are supporte
 | Application | Minimum Version |
 | ---: | ---: |
 | [Ansible](https://www.ansible.com/) | Core 2.16.1 |
-| [Terraform](https://www.terraform.io/) | 1.8.5 |
+| [Terraform](https://www.terraform.io/) | 1.9.8 |
 | [Docker](https://www.docker.com/) | 20.10.17 |
-| [Helm](https://helm.sh/) | 3.14.4 |
+| [Helm](https://helm.sh/) | 3.16.2 |
diff --git a/docs/user/Dependencies.md b/docs/user/Dependencies.md
index 39438de..0d3b9b5 100644
--- a/docs/user/Dependencies.md
+++ b/docs/user/Dependencies.md
@@ -8,10 +8,10 @@ For dependency installation instructions and sources, links have been provided i
 |----------------|------------------------------------------------------------------------------------------------------------------------------------------------|-------------|
 | ~              | [python](https://www.python.org/downloads/)                                                                                                    | >=3.10      |
 | ~              | [pip](https://packaging.python.org/en/latest/guides/installing-using-linux-tools/#installing-pip-setuptools-wheel-with-linux-package-managers) | >=22.0      |
-| ~              | [terraform](https://www.terraform.io/downloads)                                                                                                | >=1.4.5     |
+| ~              | [terraform](https://www.terraform.io/downloads)                                                                                                | >=1.9.8     |
 | ~              | [docker](https://docs.docker.com/engine/install/)                                                                                              | >=20.10.17  |
 | ~              | [helm](https://helm.sh/docs/intro/install/)                                                                                                    | >=3         |
-| ~              | [kubectl](https://kubernetes.io/docs/tasks/tools/)                                                                                             | 1.26 - 1.28 |
+| ~              | [kubectl](https://kubernetes.io/docs/tasks/tools/)                                                                                             | 1.28 - 1.30 |
 | ~              | [git](https://git-scm.com/book/en/v2/Getting-Started-Installing-Git)                                                                           | any         |
 | ~              | [jq](https://jqlang.github.io/jq/download/)                                                                                                    | >=1.6       |
 | pip            | ansible-core                                                                                                                                   | 2.16.4      |
diff --git a/versions.tf b/versions.tf
index 228a060..a92f7e0 100644
--- a/versions.tf
+++ b/versions.tf
@@ -2,7 +2,7 @@
 # SPDX-License-Identifier: Apache-2.0
 
 terraform {
-  required_version = ">= 1.4.5"
+  required_version = ">= 1.9.8"
   required_providers {
     vsphere = {
       source  = "hashicorp/vsphere"