diff --git a/installations/system/helmfile.yaml b/installations/system/helmfile.yaml
index b5577b9..267aab2 100644
--- a/installations/system/helmfile.yaml
+++ b/installations/system/helmfile.yaml
@@ -32,7 +32,7 @@ releases:
   - name: velero
     chart: vmware-tanzu/velero
     namespace: velero
-    version: 8.5.0
+    version: 8.7.0
     condition: velero.enabled
     inherit:
       - template: default-env-values