diff --git a/versions.tf b/versions.tf
index 3703d8d..def7a61 100644
--- a/versions.tf
+++ b/versions.tf
@@ -2,9 +2,9 @@
 # to generate the latest values for this
 locals {
   versions = {
-    k8s                = "1.31"
+    k8s                = "1.32"
     vpc_cni            = "v1.19.2-eksbuild.1"
-    kube_proxy         = "v1.31.3-eksbuild.2"
+    kube_proxy         = "v1.32.0-eksbuild.2"
     coredns            = "v1.11.4-eksbuild.2"
     aws_ebs_csi_driver = "v1.39.0-eksbuild.1"
   }