diff --git a/org.eclipse.mylyn-parent/pom.xml b/org.eclipse.mylyn-parent/pom.xml
index 3a7db0e..2e73751 100644
--- a/org.eclipse.mylyn-parent/pom.xml
+++ b/org.eclipse.mylyn-parent/pom.xml
@@ -69,8 +69,8 @@
     <egit-repository-url>http://download.eclipse.org/egit/updates-1.3/</egit-repository-url>
     <swtbot-repository-url>http://download.eclipse.org/technology/swtbot/helios/dev-build/update-site/</swtbot-repository-url>
 
-    <alt-target-version>4.6</alt-target-version>
-    <alt-platform-repository-url>http://download.eclipse.org/releases/neon/</alt-platform-repository-url>
+    <alt-target-version>4.7</alt-target-version>
+    <alt-platform-repository-url>http://download.eclipse.org/releases/oxygen/</alt-platform-repository-url>
 
     <orbit-repository-url>http://download.eclipse.org/tools/orbit/downloads/drops/R20170516192513/repository/</orbit-repository-url>
     <jdt-annotation-repository-url>http://download.eclipse.org/mylyn/snapshots/jdt-annotation/</jdt-annotation-repository-url>
@@ -306,8 +306,8 @@
       </activation>
       <!-- Properties get overridden if a specific target profile is activated. -->
       <properties>
-        <target-version>4.6</target-version>
-        <platform-repository-url>http://download.eclipse.org/releases/neon/</platform-repository-url>
+        <target-version>4.7</target-version>
+        <platform-repository-url>http://download.eclipse.org/releases/oxygen/</platform-repository-url>
       </properties>
     </profile>
     <profile>