diff --git a/libomp.spec b/libomp.spec
index b68b27c..8133116 100644
--- a/libomp.spec
+++ b/libomp.spec
@@ -5,7 +5,7 @@
 %undefine _include_frame_pointers
 
 %global maj_ver 16
-%global libomp_version %{maj_ver}.0.2
+%global libomp_version %{maj_ver}.0.3
 #global rc_ver 4
 %global libomp_srcdir openmp-%{libomp_version}%{?rc_ver:rc%{rc_ver}}.src
 %global cmake_srcdir cmake-%{libomp_version}%{?rc_ver:rc%{rc_ver}}.src
@@ -182,6 +182,9 @@ rm -rf %{buildroot}%{_libdir}/libarcher_static.a
 %{_libexecdir}/tests/libomp/
 
 %changelog
+* Wed May 10 2023 Tulio Magno Quites Machado Filho <tuliom@redhat.com> - 16.0.3-1
+- Update to LLVM 16.0.3
+
 * Thu Apr 27 2023 Tulio Magno Quites Machado Filho <tuliom@redhat.com> - 16.0.2-1
 - Update to LLVM 16.0.2
 
diff --git a/sources b/sources
index 2bfa7c2..19edb35 100644
--- a/sources
+++ b/sources
@@ -1,4 +1,4 @@
-SHA512 (cmake-16.0.2.src.tar.xz) = ce4bd6eddda6cfeeee8523d248b107114189c09e4aae478902798d14fc8fa2bfe316d0bcec44c5d4c36c77484fe6f6a7f0fb758dcd13edbeb322095fc1f6a7a6
-SHA512 (cmake-16.0.2.src.tar.xz.sig) = 439c3da7536d453cde325cc68874261b015533504126417ca1ddbbf0202b2c0a53cf101495449c37a338b3628463d56ddafa710660de6aededf37e461dd06262
-SHA512 (openmp-16.0.2.src.tar.xz) = 0088bac8d5d8f94105b60cfed4e4df8db0b9fca5d914e1f5456ac435155c32d5ebac89196d8fde28ebca9f701238083d724c48597a25bfa8985699b623861039
-SHA512 (openmp-16.0.2.src.tar.xz.sig) = cf0de15dd6033fb6c47cfa7c853c030cca3e70d06b0bf8cf43416833ccc47cab2c51cffa632921c147fb55cffe3449eca96ecd2dca5d04162da12102c1097265
+SHA512 (cmake-16.0.3.src.tar.xz) = 01dd624f5276910760f15062f1f3abf68c6ab66c02a4b683ee739663d3f67c47420d8ce47d79e47144edc6bfcc390ffe37bd01d787186607421e3be7288c8569
+SHA512 (cmake-16.0.3.src.tar.xz.sig) = 941cb2557ec6b785f1999244685fd95f51fe924ccc0fea283fc8d5cfc3178296d214e20d6d40b121f7644ab3e44dc0c47d97fc4ef5c3f37041269b7403506398
+SHA512 (openmp-16.0.3.src.tar.xz) = a94e6b31b6a93570bf2b218f08b17187a37100122927be7d9c53efea2fead7dcb026f280daa293017743761e88284a61ec2eded5dddc9cdb584cb7177022c750
+SHA512 (openmp-16.0.3.src.tar.xz.sig) = c8bfc00ae2c81c90b85d6536c3dfc01362c4dcd760b553c9ff2dd748dfc07569c02db1b26e07bc564707438e30f9ffd0466880b401acb6483d253cbc2c62dfdf