diff --git a/Makefile b/Makefile
index 59b42515..d60c697a 100644
--- a/Makefile
+++ b/Makefile
@@ -538,8 +538,8 @@ CONTROLLER_GEN ?= $(LOCALBIN)/controller-gen
 ENVTEST ?= $(LOCALBIN)/setup-envtest
 
 ## Tool Versions
-KUSTOMIZE_VERSION ?= v3.8.7
-CONTROLLER_TOOLS_VERSION ?= v0.9.2
+KUSTOMIZE_VERSION ?= v5.3.0
+CONTROLLER_TOOLS_VERSION ?= v0.14.0
 
 KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"
 .PHONY: kustomize