diff --git a/calico/values.yaml b/calico/values.yaml
index eb4a70fcd..2e1fafc1f 100644
--- a/calico/values.yaml
+++ b/calico/values.yaml
@@ -15,7 +15,7 @@ images:
   tags:
     # These are minimum versions, older images will very likely not
     # work
-    calico_etcd: quay.io/coreos/etcd:v3.3.9
+    calico_etcd: quay.io/coreos/etcd:v3.4.3
     calico_node: quay.io/calico/node:v3.4.0
     calico_cni: quay.io/calico/cni:v3.4.0
     calico_ctl: calico/ctl:v3.4.0
diff --git a/etcd/values.yaml b/etcd/values.yaml
index 5e74a531f..2ec8429f0 100644
--- a/etcd/values.yaml
+++ b/etcd/values.yaml
@@ -18,7 +18,7 @@
 ---
 images:
   tags:
-    etcd: 'gcr.io/google_containers/etcd-amd64:3.2.24'
+    etcd: 'gcr.io/google_containers/etcd-amd64:3.4.3'
     dep_check: quay.io/airshipit/kubernetes-entrypoint:v1.0.0
     image_repo_sync: docker.io/docker:17.07.0
   pull_policy: "IfNotPresent"
diff --git a/tools/image-repo-overides.sh b/tools/image-repo-overides.sh
index cba308a72..fa7a216a1 100755
--- a/tools/image-repo-overides.sh
+++ b/tools/image-repo-overides.sh
@@ -18,7 +18,7 @@ gcr.io/google_containers/kube-controller-manager-amd64:${KUBE_VERSION}
 gcr.io/google_containers/kube-proxy-amd64:${KUBE_VERSION}
 gcr.io/google_containers/kube-scheduler-amd64:${KUBE_VERSION}
 gcr.io/google_containers/pause-amd64:3.0
-gcr.io/google_containers/etcd-amd64:3.0.17"
+gcr.io/google_containers/etcd-amd64:3.4.3"
 
 CHART_IMAGES=""
 for CHART_DIR in ./*/ ; do