diff --git a/kustomize/external-dns-deployment.yaml b/kustomize/external-dns-deployment.yaml
index fb60e26f9..9782b68d9 100644
--- a/kustomize/external-dns-deployment.yaml
+++ b/kustomize/external-dns-deployment.yaml
@@ -16,7 +16,7 @@ spec:
       serviceAccountName: external-dns
       containers:
       - name: external-dns
-        image: us.gcr.io/k8s-artifacts-prod/external-dns/external-dns:v0.7.2
+        image: us.gcr.io/k8s-artifacts-prod/external-dns/external-dns:v0.7.3
         args:
         - --source=service
         - --source=ingress