diff --git a/changelog/updates/2024-05-17-containerd-1.7.17-update.md b/changelog/updates/2024-05-17-containerd-1.7.17-update.md
new file mode 100644
index 0000000000..906ed4750b
--- /dev/null
+++ b/changelog/updates/2024-05-17-containerd-1.7.17-update.md
@@ -0,0 +1 @@
+- containerd ([1.7.17](https://github.com/containerd/containerd/releases/tag/v1.7.17))
diff --git a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/Manifest b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/Manifest
index 63afb00624..447b022568 100644
--- a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/Manifest
+++ b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/Manifest
@@ -1,4 +1,4 @@
 DIST containerd-1.7.1.tar.gz 9682254 BLAKE2B f168070caf2b76f0be350a98f41bfdbfe6d78344d68821fb92a29f839a6e847d795e5b79436e36f985aa88028ff1c3f44f134cf6bd502ddac22453a457bd952b SHA512 e9b00ba8f4dd1b5b1088060d3822f684611d43b367ddfeb1bee1660140af85f31e9c9bfc600a67e8fc8645a625dc4e1919d9af7291bdeaa607bff7065a4fc945
-DIST containerd-1.7.16.tar.gz 10072035 BLAKE2B f3610e95c4bfae075590d7ba4bdd35f34b83fdd1db3f839ee6e9c132396fd3cfad79ec4150376de15b94b9aa62d8238ec70921878521cdcab2c76e334719028d SHA512 2d6aa4b11d75c1e94de90737cfb16cd34b5c802f5de6f10786856f5c57b69f70ebf6402ac935293cb977da76b142bca4bf5630658c2ee375947db72f14847a35
+DIST containerd-1.7.17.tar.gz 9950408 BLAKE2B b188b6a300be70b243df71da0802baa1a7725502d56dbd34ce2d2f9b624782e77b23858e7455c68a4e289f32167b2cf01c4ae37e31e95107b37f1f7b40a6d8b0 SHA512 78ed36ee43def3b83a1e0e8cc7da1e96517dd08c3fb19d2cdaf0e739d5a4188d313cd1f4f2a02701eb79cdcbfea5deba14030b438a0b07b08ec30510f4bb7660
 DIST containerd-1.7.2.tar.gz 9688701 BLAKE2B d31cd0e96bb2675390cc63d06114e37d532b7c666b3ffc5b0087dfcef8de23559471f08bf8a52b164c5f645faf1b8102ab2ccdd8ec417a1c74336097f0c3a899 SHA512 c0d4c02991b7e9fc341c4ef3df2d93097f5854a51b99596ed95436a79f7a586820bb8bb7c17fc43b5f38d97ea942e59490fbbf6c9710391ef9caae3d34627bc5
 DIST containerd-1.7.6.tar.gz 9714550 BLAKE2B 863df1a8ab0f0fe6ec62893ed64824763c1b5230fe830fa268820ce0d6254c79e1ac62ab1261a74785b86b01dff83ea9109a899857fa47a48f2cf2eaf298fea8 SHA512 8b7e13c6ea544754ba7d53092d143f3fd2224b9bc874a33d8a00b781e719927f1b22ad5cd1e35b7b95e4890e630f4b92308549a970587ccdf9dbb8eb470e2703
diff --git a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.16.ebuild b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.17.ebuild
similarity index 97%
rename from sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.16.ebuild
rename to sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.17.ebuild
index 80d0b960c7..452044ef65 100644
--- a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.16.ebuild
+++ b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.17.ebuild
@@ -3,7 +3,7 @@
 
 EAPI=8
 inherit go-module systemd
-GIT_REVISION=9031175904ef8b0ab718986d066208a064702469
+GIT_REVISION=1fbfc07f8d28210e62bdbcbf7b950bac8028afbf
 
 DESCRIPTION="A daemon to control runC"
 HOMEPAGE="https://containerd.io/"
diff --git a/sdk_container/src/third_party/coreos-overlay/profiles/coreos/base/package.accept_keywords b/sdk_container/src/third_party/coreos-overlay/profiles/coreos/base/package.accept_keywords
index 446fde4f32..b118319063 100644
--- a/sdk_container/src/third_party/coreos-overlay/profiles/coreos/base/package.accept_keywords
+++ b/sdk_container/src/third_party/coreos-overlay/profiles/coreos/base/package.accept_keywords
@@ -7,7 +7,7 @@
 # Gentoo upstream package stabilisation
 # (the following packages are "unstable" upstream; we're stabilising these)
 
-=app-containers/containerd-1.7.16 ~amd64 ~arm64 # DO NOT EDIT THIS LINE. Added by containerd-apply-patch.sh on 2024-04-26 08:16:36
+=app-containers/containerd-1.7.17 ~amd64 ~arm64 # DO NOT EDIT THIS LINE. Added by containerd-apply-patch.sh on 2024-05-17 08:17:19
 =app-containers/cri-tools-1.27.0 ~amd64 ~arm64
 =app-containers/runc-1.1.12 ~amd64 ~arm64