diff --git a/Makefile.rhelver b/Makefile.rhelver
index 88554b115..201747f5f 100644
--- a/Makefile.rhelver
+++ b/Makefile.rhelver
@@ -12,7 +12,7 @@ RHEL_MINOR = 0
 #
 # Use this spot to avoid future merge conflicts.
 # Do not trim this comment.
-RHEL_RELEASE = 38
+RHEL_RELEASE = 39
 
 #
 # RHEL_REBASE_NUM
diff --git a/kernel-aarch64-64k-debug-rhel.config b/kernel-aarch64-64k-debug-rhel.config
index ba326ef89..f72add176 100644
--- a/kernel-aarch64-64k-debug-rhel.config
+++ b/kernel-aarch64-64k-debug-rhel.config
@@ -4321,7 +4321,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-64k-rhel.config b/kernel-aarch64-64k-rhel.config
index 5950e9cfe..afbda4b5e 100644
--- a/kernel-aarch64-64k-rhel.config
+++ b/kernel-aarch64-64k-rhel.config
@@ -4300,7 +4300,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-automotive-debug-rhel.config b/kernel-aarch64-automotive-debug-rhel.config
index da1e01c95..fdf2d42d5 100644
--- a/kernel-aarch64-automotive-debug-rhel.config
+++ b/kernel-aarch64-automotive-debug-rhel.config
@@ -4602,7 +4602,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-automotive-rhel.config b/kernel-aarch64-automotive-rhel.config
index 9ca02d881..e2650f264 100644
--- a/kernel-aarch64-automotive-rhel.config
+++ b/kernel-aarch64-automotive-rhel.config
@@ -4581,7 +4581,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-debug-rhel.config b/kernel-aarch64-debug-rhel.config
index 73d290353..5fcd3ae6a 100644
--- a/kernel-aarch64-debug-rhel.config
+++ b/kernel-aarch64-debug-rhel.config
@@ -4318,7 +4318,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-rhel.config b/kernel-aarch64-rhel.config
index 8288018c4..4794d8c01 100644
--- a/kernel-aarch64-rhel.config
+++ b/kernel-aarch64-rhel.config
@@ -4297,7 +4297,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-rt-debug-rhel.config b/kernel-aarch64-rt-debug-rhel.config
index bb3c43c8e..cc91ee931 100644
--- a/kernel-aarch64-rt-debug-rhel.config
+++ b/kernel-aarch64-rt-debug-rhel.config
@@ -4359,7 +4359,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-aarch64-rt-rhel.config b/kernel-aarch64-rt-rhel.config
index 041e9c571..e80d18dfb 100644
--- a/kernel-aarch64-rt-rhel.config
+++ b/kernel-aarch64-rt-rhel.config
@@ -4338,7 +4338,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-ppc64le-debug-rhel.config b/kernel-ppc64le-debug-rhel.config
index 7b149607e..7e8c35ff9 100644
--- a/kernel-ppc64le-debug-rhel.config
+++ b/kernel-ppc64le-debug-rhel.config
@@ -3959,7 +3959,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-ppc64le-rhel.config b/kernel-ppc64le-rhel.config
index 726ff4227..fe58330f5 100644
--- a/kernel-ppc64le-rhel.config
+++ b/kernel-ppc64le-rhel.config
@@ -3939,7 +3939,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-s390x-debug-rhel.config b/kernel-s390x-debug-rhel.config
index 3ad288d7a..8581d1dd5 100644
--- a/kernel-s390x-debug-rhel.config
+++ b/kernel-s390x-debug-rhel.config
@@ -3937,7 +3937,7 @@ CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NETIUCV is not set
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-s390x-rhel.config b/kernel-s390x-rhel.config
index 172a2e2bc..e8be8e818 100644
--- a/kernel-s390x-rhel.config
+++ b/kernel-s390x-rhel.config
@@ -3917,7 +3917,7 @@ CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NETIUCV is not set
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-s390x-zfcpdump-rhel.config b/kernel-s390x-zfcpdump-rhel.config
index 2dc044923..ee729eb7f 100644
--- a/kernel-s390x-zfcpdump-rhel.config
+++ b/kernel-s390x-zfcpdump-rhel.config
@@ -3926,7 +3926,7 @@ CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NETIUCV is not set
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-x86_64-automotive-debug-rhel.config b/kernel-x86_64-automotive-debug-rhel.config
index 426d07525..f2fc1db4d 100644
--- a/kernel-x86_64-automotive-debug-rhel.config
+++ b/kernel-x86_64-automotive-debug-rhel.config
@@ -4328,7 +4328,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-x86_64-automotive-rhel.config b/kernel-x86_64-automotive-rhel.config
index 718eea799..2e34e4e8a 100644
--- a/kernel-x86_64-automotive-rhel.config
+++ b/kernel-x86_64-automotive-rhel.config
@@ -4308,7 +4308,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-x86_64-debug-rhel.config b/kernel-x86_64-debug-rhel.config
index 4b95a2025..d36551c61 100644
--- a/kernel-x86_64-debug-rhel.config
+++ b/kernel-x86_64-debug-rhel.config
@@ -4199,7 +4199,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-x86_64-rhel.config b/kernel-x86_64-rhel.config
index ba0fa8b9d..8d3a10c45 100644
--- a/kernel-x86_64-rhel.config
+++ b/kernel-x86_64-rhel.config
@@ -4179,7 +4179,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-x86_64-rt-debug-rhel.config b/kernel-x86_64-rt-debug-rhel.config
index b891801b7..904dfd272 100644
--- a/kernel-x86_64-rt-debug-rhel.config
+++ b/kernel-x86_64-rt-debug-rhel.config
@@ -4240,7 +4240,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel-x86_64-rt-rhel.config b/kernel-x86_64-rt-rhel.config
index a54c40005..136b0d4d6 100644
--- a/kernel-x86_64-rt-rhel.config
+++ b/kernel-x86_64-rt-rhel.config
@@ -4220,7 +4220,7 @@ CONFIG_NET_IPGRE=m
 CONFIG_NET_IPIP=m
 CONFIG_NET_IPVTI=m
 # CONFIG_NET_KEY is not set
-# CONFIG_NETKIT is not set
+CONFIG_NETKIT=y
 CONFIG_NET_L3_MASTER_DEV=y
 CONFIG_NETLABEL=y
 CONFIG_NETLINK_DIAG=y
diff --git a/kernel.changelog b/kernel.changelog
index a68f6cea0..f2cc921ab 100644
--- a/kernel.changelog
+++ b/kernel.changelog
@@ -1,3 +1,27 @@
+* Thu Jan 09 2025 Jan Stancek <jstancek@redhat.com> [6.12.0-39.el10]
+- platform/x86/intel/pmc: Disable C1 auto-demotion during suspend (Steve Best) [RHEL-66570]
+- platform/x86/intel/pmc: Refactor platform resume functions to use cnl_resume() (Steve Best) [RHEL-66570]
+- redhat/configs: Enable CONFIG_NETKIT for RHEL (Toke Høiland-Jørgensen) [RHEL-51429]
+- bnxt_en: Unregister PTP during PCI shutdown and suspend (Michal Schmidt) [RHEL-54644 RHEL-69499]
+- bnxt_en: Refactor bnxt_ptp_init() (Michal Schmidt) [RHEL-54644 RHEL-69499]
+- bnxt_en: Fix receive ring space parameters when XDP is active (Michal Schmidt) [RHEL-54644]
+- bnxt_en: Fix queue start to update vnic RSS table (Michal Schmidt) [RHEL-54644]
+- bnxt_en: Set backplane link modes correctly for ethtool (Michal Schmidt) [RHEL-54644]
+- bnxt_en: Reserve rings after PCIe AER recovery if NIC interface is down (Michal Schmidt) [RHEL-54644]
+- bnxt_en: use irq_update_affinity_hint() (Michal Schmidt) [RHEL-54644]
+- bnxt_en: ethtool: Support unset l4proto on ip4/ip6 ntuple rules (Michal Schmidt) [RHEL-54644]
+- bnxt_en: ethtool: Remove ip4/ip6 ntuple support for IPPROTO_RAW (Michal Schmidt) [RHEL-54644]
+- s390/cio: Externalize full CMG characteristics (Mete Durlu) [RHEL-24140]
+- s390/pci: Expose FIDPARM attribute in sysfs (Mete Durlu) [RHEL-71374]
+- perf machine: Initialize machine->env to address a segfault (Michael Petlan) [RHEL-70278]
+- redhat/kernel.spec.template: Require kernel-tools-libs in rtla (Tomas Glozar) [RHEL-70863]
+- rtla/timerlat: Fix histogram ALL for zero samples (Tomas Glozar) [RHEL-72691]
+- s390/pci: Fix leak of struct zpci_dev when zpci_add_device() fails (Mete Durlu) [RHEL-24143]
+- s390/pci: Ignore RID for isolated VFs (Mete Durlu) [RHEL-24143]
+- s390/pci: Use topology ID for multi-function devices (Mete Durlu) [RHEL-24143]
+- s390/pci: Sort PCI functions prior to creating virtual busses (Mete Durlu) [RHEL-24143]
+Resolves: RHEL-24140, RHEL-24143, RHEL-51429, RHEL-54644, RHEL-66570, RHEL-69499, RHEL-70278, RHEL-70863, RHEL-71374, RHEL-72691
+
 * Mon Jan 06 2025 Jan Stancek <jstancek@redhat.com> [6.12.0-38.el10]
 - virtio_ring: add a func argument 'recycle_done' to virtqueue_reset() (Cindy Lu) [RHEL-56981]
 - virtio_net: ensure netdev_tx_reset_queue is called on tx ring resize (Cindy Lu) [RHEL-56981]
diff --git a/kernel.spec b/kernel.spec
index 1be12e40d..01686d521 100644
--- a/kernel.spec
+++ b/kernel.spec
@@ -162,15 +162,15 @@ Summary: The Linux kernel
 %define specrpmversion 6.12.0
 %define specversion 6.12.0
 %define patchversion 6.12
-%define pkgrelease 38
+%define pkgrelease 39
 %define kversion 6
-%define tarfile_release 6.12.0-38.el10
+%define tarfile_release 6.12.0-39.el10
 # This is needed to do merge window version magic
 %define patchlevel 12
 # This allows pkg_release to have configurable %%{?dist} tag
-%define specrelease 38%{?buildid}%{?dist}
+%define specrelease 39%{?buildid}%{?dist}
 # This defines the kabi tarball version
-%define kabiversion 6.12.0-38.el10
+%define kabiversion 6.12.0-39.el10
 
 # If this variable is set to 1, a bpf selftests build failure will cause a
 # fatal kernel package build error
@@ -1315,6 +1315,9 @@ Epoch: %{gemini}
 Summary: Real-Time Linux Analysis tools
 Requires: libtraceevent
 Requires: libtracefs
+%ifarch %{cpupowerarchs}
+Requires: %{package_name}-tools-libs = %{version}-%{release}
+%endif
 %description -n rtla
 The rtla meta-tool includes a set of commands that aims to analyze
 the real-time properties of Linux. Instead of testing Linux as a black box,
@@ -4297,6 +4300,29 @@ fi\
 #
 #
 %changelog
+* Thu Jan 09 2025 Jan Stancek <jstancek@redhat.com> [6.12.0-39.el10]
+- platform/x86/intel/pmc: Disable C1 auto-demotion during suspend (Steve Best) [RHEL-66570]
+- platform/x86/intel/pmc: Refactor platform resume functions to use cnl_resume() (Steve Best) [RHEL-66570]
+- redhat/configs: Enable CONFIG_NETKIT for RHEL (Toke Høiland-Jørgensen) [RHEL-51429]
+- bnxt_en: Unregister PTP during PCI shutdown and suspend (Michal Schmidt) [RHEL-54644 RHEL-69499]
+- bnxt_en: Refactor bnxt_ptp_init() (Michal Schmidt) [RHEL-54644 RHEL-69499]
+- bnxt_en: Fix receive ring space parameters when XDP is active (Michal Schmidt) [RHEL-54644]
+- bnxt_en: Fix queue start to update vnic RSS table (Michal Schmidt) [RHEL-54644]
+- bnxt_en: Set backplane link modes correctly for ethtool (Michal Schmidt) [RHEL-54644]
+- bnxt_en: Reserve rings after PCIe AER recovery if NIC interface is down (Michal Schmidt) [RHEL-54644]
+- bnxt_en: use irq_update_affinity_hint() (Michal Schmidt) [RHEL-54644]
+- bnxt_en: ethtool: Support unset l4proto on ip4/ip6 ntuple rules (Michal Schmidt) [RHEL-54644]
+- bnxt_en: ethtool: Remove ip4/ip6 ntuple support for IPPROTO_RAW (Michal Schmidt) [RHEL-54644]
+- s390/cio: Externalize full CMG characteristics (Mete Durlu) [RHEL-24140]
+- s390/pci: Expose FIDPARM attribute in sysfs (Mete Durlu) [RHEL-71374]
+- perf machine: Initialize machine->env to address a segfault (Michael Petlan) [RHEL-70278]
+- redhat/kernel.spec.template: Require kernel-tools-libs in rtla (Tomas Glozar) [RHEL-70863]
+- rtla/timerlat: Fix histogram ALL for zero samples (Tomas Glozar) [RHEL-72691]
+- s390/pci: Fix leak of struct zpci_dev when zpci_add_device() fails (Mete Durlu) [RHEL-24143]
+- s390/pci: Ignore RID for isolated VFs (Mete Durlu) [RHEL-24143]
+- s390/pci: Use topology ID for multi-function devices (Mete Durlu) [RHEL-24143]
+- s390/pci: Sort PCI functions prior to creating virtual busses (Mete Durlu) [RHEL-24143]
+
 * Mon Jan 06 2025 Jan Stancek <jstancek@redhat.com> [6.12.0-38.el10]
 - virtio_ring: add a func argument 'recycle_done' to virtqueue_reset() (Cindy Lu) [RHEL-56981]
 - virtio_net: ensure netdev_tx_reset_queue is called on tx ring resize (Cindy Lu) [RHEL-56981]
diff --git a/sources b/sources
index d1f380ed0..292c12650 100644
--- a/sources
+++ b/sources
@@ -1,5 +1,5 @@
 SHA512 (kernel-abi-stablelists-6.6.0.tar.bz2) = 4f917598056dee5e23814621ec96ff2e4a411c8c4ba9d56ecb01b23cb96431825bedbecfcbaac9338efbf5cb21694d85497fa0bf43e7c80d9cd10bc6dd144dbd
 SHA512 (kernel-kabi-dw-6.6.0.tar.bz2) = 19308cd976031d05e18ef7f5d093218acdb89446418bab0cd956ff12cf66369915b9e64bb66fa9f20939428a60e81884fec5be3529c6c7461738d6540d3cc5c6
-SHA512 (linux-6.12.0-38.el10.tar.xz) = 6d2170e49cdfb33b1927d13fb1335c889c7c8011bce329a858f291a6d934e425b5ba5984c4ae2518677533c7a673b061a89932d138fca918241884065d8a9f7a
-SHA512 (kernel-abi-stablelists-6.12.0-38.el10.tar.xz) = ddb298c7031b551c66ea3091843ed318930e7a960880811274c8635a3f62ba5279896ee6a5154e9d6726fd44415a864344bc1127e4683070f7b954d02216e0b2
-SHA512 (kernel-kabi-dw-6.12.0-38.el10.tar.xz) = b29662f01473b3f19e94bfdd2f7745b3ec156df461bb39400b43762bce8d826a7131ed0406f1d64c4a1fd5f0211e72470522270aa4debc2f9502aec12b317b13
+SHA512 (linux-6.12.0-39.el10.tar.xz) = aeeb90e4b9a8846aa6c9aab85a764557242f403be1b3f5e9cab37d93f8e240e144982fb90761ad5e93a632d95f834cdf72fe7e1ef948e827139b09ba6d2315cc
+SHA512 (kernel-abi-stablelists-6.12.0-39.el10.tar.xz) = ee34461fa5e85bf11ed8e6356347d7cc254410b4735c0765ad016ed8cdc57bc5c18f95023a1eed9be6c560b9c32c10b7358890c3ca1208f72c0892ec62d3b8a7
+SHA512 (kernel-kabi-dw-6.12.0-39.el10.tar.xz) = 03529afc24efbf85103e291dfe87bcc049f126ed3e8632960e9ba4b6d373a9895df63b3d75b636c7f45451049474f12c9b8c03290b0501389d5183d370f72942