diff --git a/.gitignore b/.gitignore
index 511da08..e402a85 100644
--- a/.gitignore
+++ b/.gitignore
@@ -143,3 +143,4 @@ fonttools-2.3.tar.gz
 /fonttools-4.44.3.tar.gz
 /fonttools-4.45.1.tar.gz
 /fonttools-4.46.0.tar.gz
+/fonttools-4.47.0.tar.gz
diff --git a/fonttools.spec b/fonttools.spec
index 5777dde..24d54d3 100644
--- a/fonttools.spec
+++ b/fonttools.spec
@@ -6,7 +6,7 @@ from an XML text format, which is also called TTX. It supports TrueType, \
 OpenType, AFM and to an extent Type 1 and some Mac-specific formats.
 
 Name:           fonttools
-Version:        4.46.0
+Version:        4.47.0
 Release:        1%{?dist}
 Summary:        Tools to manipulate font files
 
@@ -96,6 +96,9 @@ PYTHONPATH=%{buildroot}%{python3_sitearch} %{python3} -m pytest --ignore Tests/o
 %{python3_sitearch}/%{name}-%{version}-py%{python3_version}.egg-info
 
 %changelog
+* Wed Dec 20 2023 Parag Nemade <pnemade AT redhat DOT com> - 4.47.0-1
+- Update to 4.47.0 version (#2255170)
+
 * Tue Dec 05 2023 Parag Nemade <pnemade AT redhat DOT com> - 4.46.0-1
 - Update to 4.46.0 version (#2252586)
 
diff --git a/sources b/sources
index 33c97e9..ac21dfe 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (fonttools-4.46.0.tar.gz) = 67e805f11b47d9bebd9a538aa775c109c81b6ab85b66cd479b7c8c0c222420cb5a5e30d993c04bd9b091ba457b3fb3673ff217ecf61feb40e189c60fa6d6c6d8
+SHA512 (fonttools-4.47.0.tar.gz) = 4a9a39b53248814dc2fcf648af5d7c8c79124a547d259571addb97c1e7181df7f20767baf5d2bb90f6c30790dd05c93c6bfac3281cedb91c73c45ad49039ee9b