diff --git a/src/slurm_plugin/fleet_manager.py b/src/slurm_plugin/fleet_manager.py
index 4d99db370..6f20f458a 100644
--- a/src/slurm_plugin/fleet_manager.py
+++ b/src/slurm_plugin/fleet_manager.py
@@ -11,6 +11,7 @@
 import contextlib
 import copy
 import logging
+import random
 import time
 from abc import ABC, abstractmethod
 
@@ -383,15 +384,16 @@ def _get_instances_info(self, instance_ids: list):
         instances = []
         partial_instance_ids = instance_ids
 
-        retry = 4
+        retries = 5
+        attempt_count = 0
         # Wait for instances to be available in EC2
         time.sleep(0.1)
-        while retry > 0 and partial_instance_ids:
+        while attempt_count < retries and partial_instance_ids:
             complete_instances, partial_instance_ids = self._retrieve_instances_info_from_ec2(partial_instance_ids)
             instances.extend(complete_instances)
-            retry = retry - 1
-            if retry > 0:
-                time.sleep(0.3)
+            attempt_count += 1
+            if attempt_count < retries:
+                time.sleep(0.3 * 2**attempt_count + random.uniform(0, 0.5))  # nosec B311
 
         return instances, partial_instance_ids
 
diff --git a/tests/slurm_plugin/test_fleet_manager.py b/tests/slurm_plugin/test_fleet_manager.py
index 795f43fd1..76439b9c8 100644
--- a/tests/slurm_plugin/test_fleet_manager.py
+++ b/tests/slurm_plugin/test_fleet_manager.py
@@ -834,7 +834,7 @@ def test_launch_instances(
                         generate_error=False,
                     ),
                 ]
-                + 3
+                + 4
                 * [
                     MockedBoto3Request(
                         method="describe_instances",
@@ -887,7 +887,7 @@ def test_launch_instances(
             # client error
             (
                 ["i-12345"],
-                4
+                5
                 * [
                     MockedBoto3Request(
                         method="describe_instances",