diff --git a/terraform/onp_cluster_argocd.tf b/terraform/onp_cluster_argocd.tf
index 511be51aa..9bb95e553 100644
--- a/terraform/onp_cluster_argocd.tf
+++ b/terraform/onp_cluster_argocd.tf
@@ -4,7 +4,7 @@ resource "helm_release" "onp_cluster_argocd" {
   chart      = "argo-cd"
   name       = "argocd"
   namespace  = "argocd"
-  version    = "5.48.0"
+  version    = "5.50.1"
 
   reset_values    = true
   recreate_pods   = true