diff --git a/platform/mellanox/mft.mk b/platform/mellanox/mft.mk
index 5ef30af77c..c118f63a2a 100644
--- a/platform/mellanox/mft.mk
+++ b/platform/mellanox/mft.mk
@@ -14,10 +14,10 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-# Mellanox SAI
+# Mellanox MFT
 
-MFT_VERSION = 4.25.0
-MFT_REVISION = 62
+MFT_VERSION = 4.27.0
+MFT_REVISION = 83
 
 MLNX_MFT_INTERNAL_SOURCE_BASE_URL =