diff --git a/.gitignore b/.gitignore
index 373d5557..44fd866d 100644
--- a/.gitignore
+++ b/.gitignore
@@ -34,3 +34,4 @@ kustomization.yaml
 *.swo
 *~
 .vscode/
+/.venv
diff --git a/Dockerfile b/Dockerfile
index 48acf683..99bfd45a 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM quay.io/operator-framework/ansible-operator:v1.40.0
+FROM quay.io/operator-framework/ansible-operator:v1.42.2
 
 ARG DEFAULT_EDA_VERSION
 ARG DEFAULT_EDA_UI_VERSION
diff --git a/Makefile b/Makefile
index 3988aae2..de88e91a 100644
--- a/Makefile
+++ b/Makefile
@@ -48,7 +48,7 @@ endif
 
 # Set the Operator SDK version to use. By default, what is installed on the system is used.
 # This is useful for CI or a project to utilize a specific version of the operator-sdk toolkit.
-OPERATOR_SDK_VERSION ?= v1.40.0
+OPERATOR_SDK_VERSION ?= v1.42.2
 CONTAINER_TOOL ?= podman
 
 # Image URL to use all building/pushing image targets