diff --git a/openstack/ironic-lib/ironic-lib.spec.j2 b/openstack/ironic-lib/ironic-lib.spec.j2
index 5b1d1b311..6ba3d563a 100644
--- a/openstack/ironic-lib/ironic-lib.spec.j2
+++ b/openstack/ironic-lib/ironic-lib.spec.j2
@@ -1,5 +1,5 @@
 {% set pypi_name = 'ironic-lib' %}
-{% set upstream_version = upstream_version('4.6.1') %}
+{% set upstream_version = upstream_version('4.7.0') %}
 {% set rpm_release = '1' %}
 {% set source = url_pypi() %}
 
diff --git a/openstack/python-ironicclient/python-ironicclient.spec.j2 b/openstack/python-ironicclient/python-ironicclient.spec.j2
index 43c8fcbc0..1d9a926ba 100644
--- a/openstack/python-ironicclient/python-ironicclient.spec.j2
+++ b/openstack/python-ironicclient/python-ironicclient.spec.j2
@@ -1,5 +1,5 @@
 {% set pypi_name = 'python-ironicclient' %}
-{% set upstream_version = upstream_version('4.6.1') %}
+{% set upstream_version = upstream_version('4.7.0') %}
 {% set rpm_release = '1' %}
 {% set source = url_pypi() %}