diff --git a/packages/react-scripts/package.json b/packages/react-scripts/package.json
index 470b5374deb..2a3a0e844ef 100644
--- a/packages/react-scripts/package.json
+++ b/packages/react-scripts/package.json
@@ -75,10 +75,10 @@
     "sass-loader": "8.0.2",
     "semver": "6.3.0",
     "style-loader": "1.2.1",
-    "terser-webpack-plugin": "2.3.5",
+    "terser-webpack-plugin": "5.1.4",
     "ts-pnp": "1.2.0",
     "url-loader": "2.3.0",
-    "webpack": "4.43.0",
+    "webpack": "5.1.1",
     "webpack-dev-server": "3.10.3",
     "webpack-manifest-plugin": "2.2.0",
     "workbox-webpack-plugin": "4.3.1"