diff --git a/requirements.txt b/requirements.txt
index 61950e24539..d54bb8958a8 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -4,7 +4,7 @@ pyserial
 IntelHex
 mbed-ls
 mbed-greentea
-project-generator>=0.8.11,<0.9.0
+project-generator>=0.9.3,<0.10.0
 Jinja2
 junit-xml
 requests
diff --git a/setup.py b/setup.py
index 8dc00b79c0c..3ff7c30d6d0 100644
--- a/setup.py
+++ b/setup.py
@@ -40,7 +40,7 @@
       url='https://github.com/mbedmicro/mbed',
       packages=find_packages(),
       license=LICENSE,
-      install_requires=["PrettyTable>=0.7.2", "PySerial>=2.7", "IntelHex>=1.3", "colorama>=0.3.3", "Jinja2>=2.7.3", "project-generator>=0.8.11,<0.9.0", "junit-xml", "requests", "pyYAML"])
+      install_requires=["PrettyTable>=0.7.2", "PySerial>=2.7", "IntelHex>=1.3", "colorama>=0.3.3", "Jinja2>=2.7.3", "project-generator>=0.9.3,<0.10.0", "junit-xml", "requests", "pyYAML"])
 
 # Restore previous mbed_settings if needed
 if backup:
diff --git a/tools/export/iar_template.ewp.tmpl b/tools/export/iar_template.ewp.tmpl
index fac26a37956..4b0a2633a02 100644
--- a/tools/export/iar_template.ewp.tmpl
+++ b/tools/export/iar_template.ewp.tmpl
@@ -402,7 +402,7 @@
         </option>
         <option>
           <name>IccAllowVLA</name>
-          <state>1</state>
+          <state>0</state>
         </option>
         <option>
           <name>IccCppDialect</name>