diff --git a/changelog/updates/2023-07-28-containerd-1.7.3-update.md b/changelog/updates/2023-07-28-containerd-1.7.3-update.md
new file mode 100644
index 00000000000..0ad7fc57176
--- /dev/null
+++ b/changelog/updates/2023-07-28-containerd-1.7.3-update.md
@@ -0,0 +1 @@
+- containerd ([1.7.3](https://github.com/containerd/containerd/releases/tag/v1.7.3))
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 e0b41f7a9cb..42663176ce7 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 +1 @@
-DIST containerd-1.7.2.tar.gz 9688701 BLAKE2B d31cd0e96bb2675390cc63d06114e37d532b7c666b3ffc5b0087dfcef8de23559471f08bf8a52b164c5f645faf1b8102ab2ccdd8ec417a1c74336097f0c3a899 SHA512 c0d4c02991b7e9fc341c4ef3df2d93097f5854a51b99596ed95436a79f7a586820bb8bb7c17fc43b5f38d97ea942e59490fbbf6c9710391ef9caae3d34627bc5
+DIST containerd-1.7.3.tar.gz 9705719 BLAKE2B 4585c757784f71d7d00203300819079e791feb6403a309e8cae2e1fe39a957276abb45616109b5b71c340b0185464fbc7dbfce84ff3a213ff78b7c055600bf8e SHA512 d7017d4be6d28aa6b97ca20a4ddb47bd9b222ec18f5f13350b9ea62330eeef10e4b18e3e9b68737f22a6faa754a983639c8d53db10cbf8e5de4c7a47d8d2ec04
diff --git a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.2.ebuild b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.3.ebuild
similarity index 100%
rename from sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.2.ebuild
rename to sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-1.7.3.ebuild
diff --git a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-9999.ebuild b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-9999.ebuild
index 6abeb4c3e62..353b8885701 100644
--- a/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-9999.ebuild
+++ b/sdk_container/src/third_party/coreos-overlay/app-containers/containerd/containerd-9999.ebuild
@@ -13,7 +13,7 @@ if [[ ${PV} == *9999 ]]; then
 else
 	MY_PV="${PV/_rc/-rc.}"
 	EGIT_COMMIT="v${MY_PV}"
-	CONTAINERD_COMMIT="d6d1c83955ed62e2833bd470453e0449a3164e7f"
+	CONTAINERD_COMMIT="6abca8ab53527143aa341cac7b4086cbd0955962"
 	SRC_URI="https://${GITHUB_URI}/archive/${EGIT_COMMIT}.tar.gz -> ${P}.tar.gz"
 	KEYWORDS="amd64 arm64"
 	inherit vcs-snapshot
diff --git a/sdk_container/src/third_party/coreos-overlay/app-torcx/docker/docker-20.10.ebuild b/sdk_container/src/third_party/coreos-overlay/app-torcx/docker/docker-20.10.ebuild
index 0b910f0301c..cbf771d0ed6 100644
--- a/sdk_container/src/third_party/coreos-overlay/app-torcx/docker/docker-20.10.ebuild
+++ b/sdk_container/src/third_party/coreos-overlay/app-torcx/docker/docker-20.10.ebuild
@@ -13,7 +13,7 @@ KEYWORDS="amd64 arm64"
 RDEPEND="
 	~app-containers/docker-20.10.24
 	~app-containers/docker-cli-20.10.24
-	~app-containers/containerd-1.7.2
+	~app-containers/containerd-1.7.3
 	~app-containers/docker-proxy-0.8.0_p20230118
 	~app-containers/runc-1.1.8
 	~dev-libs/libltdl-2.4.7