diff --git a/.gitignore b/.gitignore
index 6ea97c7..a300f84 100644
--- a/.gitignore
+++ b/.gitignore
@@ -5,3 +5,4 @@
 /iperf-3.0.2.tar.gz
 /iperf-3.0.3.tar.gz
 /iperf-3.0.5.tar.gz
+/iperf-3.0.6.tar.gz
diff --git a/iperf3.spec b/iperf3.spec
index ccb281a..909e639 100644
--- a/iperf3.spec
+++ b/iperf3.spec
@@ -1,5 +1,5 @@
 Name:           iperf3
-Version:        3.0.5
+Version:        3.0.6
 Release:        1%{?dist}
 Summary:        Measurement tool for TCP/UDP bandwidth performance
 
@@ -58,6 +58,9 @@ rm -rf $RPM_BUILD_ROOT
 %{_libdir}/*.so.*
 
 %changelog
+* Wed Jul 30 2014 Susant Sahani <ssahani@redhat.com> 3.0.6-1
+- Update to 3.0.6
+
 * Thu Jun 19 2014 Susant Sahani <ssahani@redhat.com> 3.0.5-1
 - Update to 3.0.5
 
diff --git a/sources b/sources
index 2954d8f..c2f4147 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-5e22bbc27f77c4e07b5080bd1ce494b8  iperf-3.0.5.tar.gz
+1f3d90638153ee7845ecfaca2f63b05d  iperf-3.0.6.tar.gz