diff --git a/twamp/Makefile b/twamp/Makefile
index 99b5069b8..af5a8a5dd 100755
--- a/twamp/Makefile
+++ b/twamp/Makefile
@@ -6,13 +6,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=twamp
-PKG_VERSION:=1.3.1
+PKG_VERSION:=1.4.0
 
 LOCAL_DEV:=0
 ifneq ($(LOCAL_DEV),1)
 PKG_SOURCE_PROTO:=git
 PKG_SOURCE_URL:=https://dev.iopsys.eu/bbf/twamp-light.git
-PKG_SOURCE_VERSION:=8bab6ac3f0e85f450946089a025e86ceb75f699b
+PKG_SOURCE_VERSION:=9523a75f4c4059b729d462e741f7edd462c28147
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION)-$(PKG_SOURCE_VERSION).tar.gz
 PKG_MIRROR_HASH:=skip
 endif