diff --git a/.gitignore b/.gitignore
index 67e21bd..db94957 100644
--- a/.gitignore
+++ b/.gitignore
@@ -48,3 +48,5 @@
 /dotnet-8.0.14.tar.gz.sig
 /dotnet-8.0.15.tar.gz
 /dotnet-8.0.15.tar.gz.sig
+/dotnet-8.0.16.tar.gz
+/dotnet-8.0.16.tar.gz.sig
diff --git a/dotnet8.0.spec b/dotnet8.0.spec
index b30163e..ad07929 100644
--- a/dotnet8.0.spec
+++ b/dotnet8.0.spec
@@ -12,10 +12,10 @@
 # dotnet-host and netstandard-targeting-pack-2.1
 %global is_latest_dotnet 0
 
-%global host_version 8.0.15
-%global runtime_version 8.0.15
+%global host_version 8.0.16
+%global runtime_version 8.0.16
 %global aspnetcore_runtime_version %{runtime_version}
-%global sdk_version 8.0.115
+%global sdk_version 8.0.116
 %global sdk_feature_band_version %(echo %{sdk_version} | cut -d '-' -f 1 | sed -e 's|[[:digit:]][[:digit:]]$|00|')
 %global templates_version %{runtime_version}
 #%%global templates_version %%(echo %%{runtime_version} | awk 'BEGIN { FS="."; OFS="." } {print $1, $2, $3+1 }')
@@ -780,6 +780,10 @@ export COMPlus_LTTng=0
 
 
 %changelog
+* Tue May 13 2025 Omair Majid <omajid@redhat.com> - 8.0.116-2
+- Update to .NET SDK 8.0.116 and Runtime 8.0.16
+- Resolves: RHEL-89447
+
 * Wed Apr 09 2025 Omair Majid <omajid@redhat.com> - 8.0.115-2
 - Update to .NET SDK 8.0.115 and Runtime 8.0.15
 - Resolves: RHEL-85275
diff --git a/release.json b/release.json
index 430124b..c89fc7b 100644
--- a/release.json
+++ b/release.json
@@ -1,10 +1,10 @@
 {
-  "release": "8.0.15",
+  "release": "8.0.16",
   "channel": "8.0",
-  "tag": "v8.0.15",
-  "sdkVersion": "8.0.115",
-  "runtimeVersion": "8.0.15",
-  "aspNetCoreVersion": "8.0.15",
+  "tag": "v8.0.16",
+  "sdkVersion": "8.0.116",
+  "runtimeVersion": "8.0.16",
+  "aspNetCoreVersion": "8.0.16",
   "sourceRepository": "https://github.com/dotnet/dotnet",
-  "sourceVersion": "4d246579080efa41c77ddfa9ec8e133d7cf52666"
+  "sourceVersion": "82276892487288f85142cb1641df2b05dc9b937e"
 }
diff --git a/sources b/sources
index bbfe0cd..42f84cb 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (dotnet-8.0.15.tar.gz) = 8f4888d7b8433c30d01e22a15289626464c92817259cf914d60c589f15f3a680ae4b19f512ec552e05caa132774aed0b8f17e91a8442be74eabf5e161b145584
-SHA512 (dotnet-8.0.15.tar.gz.sig) = 21e08ef5fdc2aa265c178558c992c36810407d5c4349a291694a69e0167f53976879379492aeaec718644a6bf6cffef6026a1a72fd765f15f1ba0eb5b0c47b44
+SHA512 (dotnet-8.0.16.tar.gz) = 6e83def1b60e3bc4888f5a8702c9e6b5420a7ff7229009e8fb2b8697b9a2c7cd750896e69b23d1f803f3c44af8fd7b4fbcaaed4fbc9a82e3bf1818e3a59ec939
+SHA512 (dotnet-8.0.16.tar.gz.sig) = 25471c2835b468563c987b860fb0094b3752d74386c63f77d332aa1a85dd9e281c933dae06891bdaf2a187f265449daf528b22e641a0ead8046a5cfe5a8a07c2