diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 2450cc2f6..b833acb8e 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -192,18 +192,18 @@
     </Dependency>
   </ProductDependencies>
   <ToolsetDependencies>
-    <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="8.0.0-beta.22552.1">
+    <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="8.0.0-beta.22554.2">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>5be556106f26f171f32187951b9a141f9580d03a</Sha>
+      <Sha>80b6be47e1425ea90c5febffac119250043a0c92</Sha>
       <SourceBuild RepoName="arcade" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.CMake.Sdk" Version="8.0.0-beta.22552.1">
+    <Dependency Name="Microsoft.DotNet.CMake.Sdk" Version="8.0.0-beta.22554.2">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>5be556106f26f171f32187951b9a141f9580d03a</Sha>
+      <Sha>80b6be47e1425ea90c5febffac119250043a0c92</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Build.Tasks.Installers" Version="8.0.0-beta.22552.1">
+    <Dependency Name="Microsoft.DotNet.Build.Tasks.Installers" Version="8.0.0-beta.22554.2">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>5be556106f26f171f32187951b9a141f9580d03a</Sha>
+      <Sha>80b6be47e1425ea90c5febffac119250043a0c92</Sha>
     </Dependency>
     <Dependency Name="Microsoft.DotNet.Darc" Version="1.1.0-beta.22554.2">
       <Uri>https://github.com/dotnet/arcade-services</Uri>
diff --git a/eng/Versions.props b/eng/Versions.props
index ae2f23275..fa271f901 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -26,7 +26,7 @@
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependency from https://github.com/dotnet/arcade -->
-    <MicrosoftDotNetBuildTasksInstallersPackageVersion>8.0.0-beta.22552.1</MicrosoftDotNetBuildTasksInstallersPackageVersion>
+    <MicrosoftDotNetBuildTasksInstallersPackageVersion>8.0.0-beta.22554.2</MicrosoftDotNetBuildTasksInstallersPackageVersion>
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependency from https://github.com/dotnet/arcade-services -->
diff --git a/eng/common/sdk-task.ps1 b/eng/common/sdk-task.ps1
index c35087a06..39be08d4b 100644
--- a/eng/common/sdk-task.ps1
+++ b/eng/common/sdk-task.ps1
@@ -64,7 +64,7 @@ try {
       $GlobalJson.tools | Add-Member -Name "vs" -Value (ConvertFrom-Json "{ `"version`": `"16.5`" }") -MemberType NoteProperty
     }
     if( -not ($GlobalJson.tools.PSObject.Properties.Name -match "xcopy-msbuild" )) {
-      $GlobalJson.tools | Add-Member -Name "xcopy-msbuild" -Value "17.2.1" -MemberType NoteProperty
+      $GlobalJson.tools | Add-Member -Name "xcopy-msbuild" -Value "17.3.1" -MemberType NoteProperty
     }
     if ($GlobalJson.tools."xcopy-msbuild".Trim() -ine "none") {
         $xcopyMSBuildToolsFolder = InitializeXCopyMSBuild $GlobalJson.tools."xcopy-msbuild" -install $true
diff --git a/eng/common/tools.ps1 b/eng/common/tools.ps1
index aba6308ad..449126943 100644
--- a/eng/common/tools.ps1
+++ b/eng/common/tools.ps1
@@ -365,8 +365,8 @@ function InitializeVisualStudioMSBuild([bool]$install, [object]$vsRequirements =
 
   # If the version of msbuild is going to be xcopied,
   # use this version. Version matches a package here:
-  # https://dev.azure.com/dnceng/public/_packaging?_a=package&feed=dotnet-eng&package=RoslynTools.MSBuild&protocolType=NuGet&version=17.2.1&view=overview
-  $defaultXCopyMSBuildVersion = '17.2.1'
+  # https://dev.azure.com/dnceng/public/_packaging?_a=package&feed=dotnet-eng&package=RoslynTools.MSBuild&protocolType=NuGet&version=17.3.1view=overview
+  $defaultXCopyMSBuildVersion = '17.3.1'
 
   if (!$vsRequirements) {
     if (Get-Member -InputObject $GlobalJson.tools -Name 'vs') {
diff --git a/global.json b/global.json
index 76d7a24cb..fda4cecfe 100644
--- a/global.json
+++ b/global.json
@@ -11,7 +11,7 @@
     "cmake": "3.21.0"
   },
   "msbuild-sdks": {
-    "Microsoft.DotNet.Arcade.Sdk": "8.0.0-beta.22552.1",
-    "Microsoft.DotNet.CMake.Sdk": "8.0.0-beta.22552.1"
+    "Microsoft.DotNet.Arcade.Sdk": "8.0.0-beta.22554.2",
+    "Microsoft.DotNet.CMake.Sdk": "8.0.0-beta.22554.2"
   }
 }