diff --git a/package.json b/package.json
index 1d6e75c87..d95d91cf2 100644
--- a/package.json
+++ b/package.json
@@ -47,7 +47,7 @@
     "@balena/jellyfish-assert": "^1.1.66",
     "@balena/jellyfish-client-sdk": "^5.4.1",
     "@balena/jellyfish-logger": "^3.0.54",
-    "@formulajs/formulajs": "2.6.10",
+    "@formulajs/formulajs": "2.7.0",
     "esprima": "^4.0.1",
     "fast-json-patch": "^3.0.0-1",
     "lodash": "^4.17.21",
@@ -69,7 +69,7 @@
     "jest": "^27.0.6",
     "lint-staged": "^11.1.1",
     "simple-git-hooks": "^2.5.1",
-    "ts-jest": "^27.0.3",
+    "ts-jest": "^27.0.4",
     "typedoc": "^0.21.5",
     "typescript": "^4.3.5"
   },