diff --git a/platform/mellanox/mft.mk b/platform/mellanox/mft.mk
index 61e43e5823ff..308e8b19e206 100644
--- a/platform/mellanox/mft.mk
+++ b/platform/mellanox/mft.mk
@@ -16,8 +16,8 @@
 #
 # Mellanox SAI
 
-MFT_VERSION = 4.28.0
-MFT_REVISION = 96
+MFT_VERSION = 4.30.2
+MFT_REVISION = 23
 
 MLNX_MFT_INTERNAL_SOURCE_BASE_URL =