diff --git a/README.md b/README.md
index 09962d7cf..84f86273c 100644
--- a/README.md
+++ b/README.md
@@ -8,6 +8,11 @@ This is a collection of services and associated framework to be located in the `
 
 ## Version History
 
+#### Development Build: 6.7.16
+
+- Users must now select OSAL options via the CMake file in their defs directory, rather than the osconfig.h file.
+- See https://github.com/nasa/cFE/pull/672 for more details
+
 #### Development Build: 6.7.15
 
 - Upon power on reset, default system log mode set to overwrite. Upon processor reset, default system log mode set to discard.
diff --git a/fsw/cfe-core/src/inc/cfe_version.h b/fsw/cfe-core/src/inc/cfe_version.h
index d4aed9d13..cece97638 100644
--- a/fsw/cfe-core/src/inc/cfe_version.h
+++ b/fsw/cfe-core/src/inc/cfe_version.h
@@ -95,7 +95,7 @@
 */
 #define CFE_MAJOR_VERSION         6
 #define CFE_MINOR_VERSION         7
-#define CFE_REVISION              15
+#define CFE_REVISION              16
 
 
 #endif  /* _cfe_version_ */