diff --git a/Makefile b/Makefile
index 802ae51e..a78fb3fb 100644
--- a/Makefile
+++ b/Makefile
@@ -251,8 +251,8 @@ ENVTEST ?= $(LOCALBIN)/setup-envtest
 GOTESTSUM ?= $(LOCALBIN)/gotestsum
 
 ## Tool Versions
-KUSTOMIZE_VERSION ?= v3.8.7
-CONTROLLER_TOOLS_VERSION ?= v0.11.1
+KUSTOMIZE_VERSION ?= v5.5.0
+CONTROLLER_TOOLS_VERSION ?= v0.16.4
 GOTESTSUM_VERSION ?= v1.9.0
 
 KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"