diff --git a/package/binutils/binutils.mk b/package/binutils/binutils.mk
index 72e2d0b3fb..bc0268eea4 100644
--- a/package/binutils/binutils.mk
+++ b/package/binutils/binutils.mk
@@ -9,7 +9,7 @@
 BINUTILS_VERSION = $(call qstrip,$(BR2_BINUTILS_VERSION))
 ifeq ($(BINUTILS_VERSION),)
 ifeq ($(BR2_arc),y)
-BINUTILS_VERSION = arc-2017.03-rc1
+BINUTILS_VERSION = arc-2017.03-rc2
 else
 BINUTILS_VERSION = 2.27
 endif