diff --git a/go.mod b/go.mod
index 115a065f..693871e6 100644
--- a/go.mod
+++ b/go.mod
@@ -13,7 +13,7 @@ require (
 	github.com/vmware-tanzu/carvel-imgpkg v0.37.2
 	github.com/vmware-tanzu/carvel-vendir v0.34.3
 	golang.org/x/sync v0.2.0
-	k8s.io/apimachinery v0.27.2
+	k8s.io/apimachinery v0.27.3
 	sigs.k8s.io/yaml v1.3.0
 )
 
diff --git a/go.sum b/go.sum
index efa29351..5e127baa 100644
--- a/go.sum
+++ b/go.sum
@@ -221,8 +221,8 @@ gopkg.in/yaml.v3 v3.0.0-20200313102051-9f266ea9e77c/go.mod h1:K4uyk7z7BCEPqu6E+C
 gopkg.in/yaml.v3 v3.0.1 h1:fxVm/GzAzEWqLHuvctI91KS9hhNmmWOoWu0XTYJS7CA=
 gopkg.in/yaml.v3 v3.0.1/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
 gotest.tools/v3 v3.0.3 h1:4AuOwCGf4lLR9u3YOe2awrHygurzhO/HeQ6laiA6Sx0=
-k8s.io/apimachinery v0.27.2 h1:vBjGaKKieaIreI+oQwELalVG4d8f3YAMNpWLzDXkxeg=
-k8s.io/apimachinery v0.27.2/go.mod h1:XNfZ6xklnMCOGGFNqXG7bUrQCoR04dh/E7FprV6pb+E=
+k8s.io/apimachinery v0.27.3 h1:Ubye8oBufD04l9QnNtW05idcOe9Z3GQN8+7PqmuVcUM=
+k8s.io/apimachinery v0.27.3/go.mod h1:XNfZ6xklnMCOGGFNqXG7bUrQCoR04dh/E7FprV6pb+E=
 k8s.io/klog/v2 v2.90.1 h1:m4bYOKall2MmOiRaR1J+We67Do7vm9KiQVlT96lnHUw=
 k8s.io/klog/v2 v2.90.1/go.mod h1:y1WjHnz7Dj687irZUWR/WLkLc5N1YHtjLdmgWjndZn0=
 k8s.io/utils v0.0.0-20230209194617-a36077c30491 h1:r0BAOLElQnnFhE/ApUsg3iHdVYYPBjNSSOMowRZxxsY=
diff --git a/vendor/modules.txt b/vendor/modules.txt
index 4c9c9ced..472e2bd2 100644
--- a/vendor/modules.txt
+++ b/vendor/modules.txt
@@ -205,7 +205,7 @@ gopkg.in/yaml.v2
 # gopkg.in/yaml.v3 v3.0.1
 ## explicit
 gopkg.in/yaml.v3
-# k8s.io/apimachinery v0.27.2
+# k8s.io/apimachinery v0.27.3
 ## explicit; go 1.20
 k8s.io/apimachinery/pkg/api/resource
 k8s.io/apimachinery/pkg/apis/meta/v1