diff --git a/.gitignore b/.gitignore
index e189fbd..8ae216a 100644
--- a/.gitignore
+++ b/.gitignore
@@ -20,3 +20,4 @@
 /rdma-core-46.0.tar.gz
 /rdma-core-48.0.tar.gz
 /rdma-core-51.0.tar.gz
+/rdma-core-54.0.tar.gz
diff --git a/rdma-core.spec b/rdma-core.spec
index 6fef177..fd5fd98 100644
--- a/rdma-core.spec
+++ b/rdma-core.spec
@@ -1,5 +1,5 @@
 Name: rdma-core
-Version: 51.0
+Version: 54.0
 Release: 1%{?dist}
 Summary: RDMA core userspace libraries and daemons
 
@@ -618,6 +618,10 @@ fi
 %endif
 
 %changelog
+* Tue Oct 29 2024 Kamal Heib <kheib@redhat.com> - 54.0-1
+- Rebase to upstream release v54.0
+- Resolves: RHEL-52886, RHEL-54647, RHEL-51876
+
 * Mon Apr 22 2024 Kamal Heib <kheib@redhat.com> - 51.0-1
 - Rebase to upstream release v51.0
 - Resolves: RHEL-24473, RHEL-23180
diff --git a/sources b/sources
index 6387e58..324fb35 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (rdma-core-51.0.tar.gz) = 25b92f4cf98172c00bdfc166666307be39fbdbc061e91c290fee9e932829df799e864019273cfd1f6118968bdfb3361b467d414f062b5bd7a269246c5857671d
+SHA512 (rdma-core-54.0.tar.gz) = efb98dec017e1eb71ed6f2b652d557d0444c672ff388927bdd724c81bb4baeb5617c81fff609f794c1ff128ab93ae26ed4502bd0ebf14e157737b1b08d0fb4b9