diff --git a/apmpackage/apm/changelog.yml b/apmpackage/apm/changelog.yml
index 9adb0e9ba15..eacf0bd74da 100644
--- a/apmpackage/apm/changelog.yml
+++ b/apmpackage/apm/changelog.yml
@@ -1,7 +1,7 @@
 # newer versions go on top
 #
 # change type can be one of: enhancement, bugfix, breaking-change
-- version: "7.17.15"
+- version: "7.17.16"
   changes:
     - description: Placeholder
       type: bugfix
diff --git a/apmpackage/apm/manifest.yml b/apmpackage/apm/manifest.yml
index aecb69f61db..c0bd308898a 100644
--- a/apmpackage/apm/manifest.yml
+++ b/apmpackage/apm/manifest.yml
@@ -1,7 +1,7 @@
 format_version: 1.0.0
 name: apm
 title: Elastic APM
-version: 7.17.15
+version: 7.17.16
 license: basic
 description: Ingest APM data
 type: integration
diff --git a/cmd/version.go b/cmd/version.go
index ae1bd8c21b5..0f600ce709f 100644
--- a/cmd/version.go
+++ b/cmd/version.go
@@ -18,4 +18,4 @@
 package cmd
 
 // name matches github.com/elastic/beats/v7/dev-tools/mage/settings.go parseBeatVersion
-const defaultBeatVersion = "7.17.15"
+const defaultBeatVersion = "7.17.16"