diff --git a/srcpkgs/arpack-ng/template b/srcpkgs/arpack-ng/template
index ab2553f3fe7..0b002d5310d 100644
--- a/srcpkgs/arpack-ng/template
+++ b/srcpkgs/arpack-ng/template
@@ -1,7 +1,7 @@
 # Template file for 'arpack-ng'
 pkgname=arpack-ng
-version=3.3.0
-revision=2
+version=3.4.0
+revision=1
 build_style=gnu-configure
 hostmakedepends="automake libtool"
 makedepends="gcc-fortran libgfortran-devel blas-devel lapack-devel"
@@ -12,7 +12,7 @@ nopie=yes
 license="BSD"
 homepage="https://github.com/opencollab/arpack-ng"
 distfiles="https://github.com/opencollab/arpack-ng/archive/${version}.tar.gz"
-checksum=ad59811e7d79d50b8ba19fd908f92a3683d883597b2c7759fdcc38f6311fe5b3
+checksum=69e9fa08bacb2475e636da05a6c222b17c67f1ebeab3793762062248dd9d842f
 
 pre_configure() {
 	./bootstrap