diff --git a/package.json b/package.json
index 2701d81e77f4..26d3d8cb76fa 100644
--- a/package.json
+++ b/package.json
@@ -10,7 +10,7 @@
     "@edx/studio-frontend": "^1.17.0",
     "axios": "^0.21.1",
     "babel-core": "6.26.0",
-    "babel-loader": "6.4.1",
+    "babel-loader": "7.0.0",
     "babel-plugin-transform-class-properties": "6.24.1",
     "babel-plugin-transform-object-assign": "6.22.0",
     "babel-plugin-transform-object-rest-spread": "6.26.0",
@@ -60,12 +60,12 @@
     "scriptjs": "2.5.8",
     "string-replace-webpack-plugin": "0.1.3",
     "style-loader": "0.18.2",
-    "svg-inline-loader": "0.8.0",
+    "svg-inline-loader": "0.8.2",
     "uglify-js": "2.7.0",
     "underscore": "1.8.3",
     "underscore.string": "3.3.5",
     "universal-cookie": "^4.0.3",
-    "webpack": "2.7.0",
+    "webpack": "3.0.0",
     "webpack-bundle-tracker": "0.2.1",
     "webpack-merge": "4.1.1",
     "whatwg-fetch": "2.0.3",
@@ -96,7 +96,7 @@
     "karma-selenium-webdriver-launcher": "0.0.4",
     "karma-sourcemap-loader": "0.3.7",
     "karma-spec-reporter": "0.0.20",
-    "karma-webpack": "2.0.9",
+    "karma-webpack": "2.0.10",
     "plato": "1.2.2",
     "react-test-renderer": "16.4.0",
     "selenium-webdriver": "3.4.0",