diff --git a/CHANGELOG.md b/CHANGELOG.md
index 49e0e5fad..9e4d04370 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## [v0.16.3](https://github.com/ReliaQualAssociates/ramstk/tree/v0.16.3) (2022-03-10)
+
+[Full Changelog](https://github.com/ReliaQualAssociates/ramstk/compare/v0.16.2...v0.16.3)
+
+Bug Fixes
+
+- feature: use database triggers to add records on Hardware insert [\#1026](https://github.com/ReliaQualAssociates/ramstk/pull/1026) ([weibullguy](https://github.com/weibullguy))
+
 ## [v0.16.2](https://github.com/ReliaQualAssociates/ramstk/tree/v0.16.2) (2022-03-05)
 
 [Full Changelog](https://github.com/ReliaQualAssociates/ramstk/compare/v0.16.1...v0.16.2)
@@ -171,14 +179,6 @@ Bug Fixes
 
 [Full Changelog](https://github.com/ReliaQualAssociates/ramstk/compare/v0.15.10...v0.15.11)
 
-Bug Fixes
-
-- fix: DVP&R plan actual status not loading [\#921](https://github.com/ReliaQualAssociates/ramstk/pull/921) ([weibullguy](https://github.com/weibullguy))
-
-**Merged pull requests:**
-
-- ci: add GPG key for auto actions [\#919](https://github.com/ReliaQualAssociates/ramstk/pull/919) ([weibullguy](https://github.com/weibullguy))
-
 ## [v0.15.10](https://github.com/ReliaQualAssociates/ramstk/tree/v0.15.10) (2022-01-27)
 
 [Full Changelog](https://github.com/ReliaQualAssociates/ramstk/compare/v0.15.9...v0.15.10)
diff --git a/VERSION b/VERSION
index 201a22c8f..7eb3095a3 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.16.2
+0.16.3
diff --git a/docs/conf.py b/docs/conf.py
index 3e7c6d443..1a56ce97f 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -21,7 +21,7 @@
 # The short X.Y version
 version = "0.15"
 # The full version, including alpha/beta/rc tags
-release = "0.16.2"
+release = "0.16.3"
 
 # -- General configuration ---------------------------------------------------
 # Add any Sphinx extension module names here, as strings. They can be
diff --git a/pyproject.toml b/pyproject.toml
index 8170a86c3..04f1af035 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "ramstk"
-version = "0.16.2"
+version = "0.16.3"
 description = "A tool to manage RAMS data and analyses."
 authors = ["Doyle 'weibullguy' Rowland <doyle.rowland@reliaqual.com>"]
 maintainers = ["Doyle 'weibullguy' Rowland <doyle.rowland@reliaqual.com>"]