diff --git a/DotnetRuntimeMetadata.json b/DotnetRuntimeMetadata.json
index c13bf52cd5..2f4b4442ef 100644
--- a/DotnetRuntimeMetadata.json
+++ b/DotnetRuntimeMetadata.json
@@ -1,13 +1,13 @@
 {
   "sdk": {
-    "channel": "7.0.1xx-rc1",
+    "channel": "7.0.1xx-rc2",
     "quality": "daily",
     "qualityFallback": "preview",
-    "packageVersionPattern": "7.0.0-rc.1",
+    "packageVersionPattern": "7.0.0-rc.2",
     "sdkImageVersion": "7.0.100",
-    "nextChannel": "7.0.1xx-rc1",
+    "nextChannel": "7.0.1xx-rc2",
     "azureFeed": "",
-    "sdkImageOverride": "7.0.100-rc.1.22431.12"
+    "sdkImageOverride": ""
   },
   "internalfeed": {
     "url": ""
diff --git a/assets/wix/files.wxs b/assets/wix/files.wxs
index ae7d69c932..d4427021a5 100644
--- a/assets/wix/files.wxs
+++ b/assets/wix/files.wxs
@@ -1221,15 +1221,6 @@
         <Component Id="cmpF3EB02BB62A34F509B22CC370C430A20">
           <File Id="fil489339762CDF41AE97538C020401BEC6" KeyPath="yes" Source="$(var.ProductSourcePath)\ref\System.Net.Quic.dll" />
         </Component>
-        <Component Id="cmp2BB1C07A912442B0BB6270D7EB3185F3">
-          <File Id="fil2D6E6E560F1743729D90C204D69C369C" KeyPath="yes" Source="$(var.ProductSourcePath)\ref\System.Formats.Asn1.dll" />
-        </Component>
-        <Component Id="cmpF5FD2E392BD94BCD957480F128A38E10">
-          <File Id="fil9C11C1DAFDC94C0588965EA6EAAA7592" KeyPath="yes" Source="$(var.ProductSourcePath)\ref\System.Text.Encoding.CodePages.dll" />
-        </Component>
-        <Component Id="cmp28DEAACC47FD4B04A95521A375761643">
-          <File Id="filE0DD0282CF6C440C99209B0B7495422C" KeyPath="yes" Source="$(var.ProductSourcePath)\ref\System.Text.Encodings.Web.dll" />
-        </Component>
       </Directory>
       <Directory Id="dirC72EEAF9434D4AD066E0F4D20D8E816C" Name="en-US">
         <Component Id="cmpDC2EF4541FA5A2E63F36A8CD6C5FA51B">
@@ -2772,12 +2763,12 @@
       <Component Id="cmp42A739F2AAC24D729DDBCAA096B8C55A">
         <File Id="fil48314E2AC49B4E208C5667CEC50CA78C" KeyPath="yes" Source="$(var.ProductSourcePath)\RegisterMicrosoftUpdate.ps1" />
       </Component>
-      <Component Id="cmp76EB2749D0464D41AD1D2BA2C51CF4C9">
-        <File Id="filDC81A93ACA6045E4A22C108F59D69083" KeyPath="yes" Source="$(var.ProductSourcePath)\mscordaccore_$(var.FileArchitecture)_$(var.FileArchitecture)_7.0.22.42610.dll" />
-      </Component>
       <Component Id="cmp6986F8B66C514347A25E03DD3096B5AE">
         <File Id="fil9276D1BDBF8B4C91B90761633720A419" KeyPath="yes" Source="$(var.ProductSourcePath)\PresentationNative_cor3.dll" />
       </Component>
+      <Component Id="cmp0AA648ADA42C4862B34099DB4C05C170">
+        <File Id="fil35F9A9F617154631855B83DACFC9DAD6" KeyPath="yes" Source="$(var.ProductSourcePath)\mscordaccore_$(var.FileArchitecture)_$(var.FileArchitecture)_7.0.22.46401.dll" />
+      </Component>
     </DirectoryRef>
   </Fragment>
   <Fragment>
@@ -3661,11 +3652,8 @@
       <ComponentRef Id="cmp0721DF55B34849B78C98AE00D863CBFF" />
       <ComponentRef Id="cmpF3EB02BB62A34F509B22CC370C430A20" />
       <ComponentRef Id="cmp42A739F2AAC24D729DDBCAA096B8C55A" />
-      <ComponentRef Id="cmp2BB1C07A912442B0BB6270D7EB3185F3" />
-      <ComponentRef Id="cmp76EB2749D0464D41AD1D2BA2C51CF4C9" />
-      <ComponentRef Id="cmpF5FD2E392BD94BCD957480F128A38E10" />
-      <ComponentRef Id="cmp28DEAACC47FD4B04A95521A375761643" />
       <ComponentRef Id="cmp6986F8B66C514347A25E03DD3096B5AE" />
+      <ComponentRef Id="cmp0AA648ADA42C4862B34099DB4C05C170" />
     </ComponentGroup>
   </Fragment>
 </Wix>
diff --git a/global.json b/global.json
index fa6c98cbf9..0ad5fa427d 100644
--- a/global.json
+++ b/global.json
@@ -1,5 +1,5 @@
 {
   "sdk": {
-    "version": "7.0.100-rc.1.22431.12"
+    "version": "7.0.100-rc.2.22477.20"
   }
 }
diff --git a/src/Microsoft.PowerShell.Commands.Management/Microsoft.PowerShell.Commands.Management.csproj b/src/Microsoft.PowerShell.Commands.Management/Microsoft.PowerShell.Commands.Management.csproj
index 48fcd1861c..414c338a2c 100644
--- a/src/Microsoft.PowerShell.Commands.Management/Microsoft.PowerShell.Commands.Management.csproj
+++ b/src/Microsoft.PowerShell.Commands.Management/Microsoft.PowerShell.Commands.Management.csproj
@@ -47,7 +47,7 @@
 
   <ItemGroup>
     <!-- the following package(s) are from https://github.com/dotnet/corefx -->
-    <PackageReference Include="System.ServiceProcess.ServiceController" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="System.ServiceProcess.ServiceController" Version="7.0.0-rc.2.22472.3" />
   </ItemGroup>
 
 </Project>
diff --git a/src/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj b/src/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj
index 18f9c39df0..d502b7048e 100644
--- a/src/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj
+++ b/src/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj
@@ -31,9 +31,9 @@
   </ItemGroup>
 
   <ItemGroup>
-    <PackageReference Include="Microsoft.CodeAnalysis.CSharp" Version="4.4.0-1.final" />
-    <PackageReference Include="System.Threading.AccessControl" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.Drawing.Common" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="Microsoft.CodeAnalysis.CSharp" Version="4.4.0-2.final" />
+    <PackageReference Include="System.Threading.AccessControl" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.Drawing.Common" Version="7.0.0-rc.2.22472.3" />
     <PackageReference Include="NJsonSchema" Version="10.7.2" />
   </ItemGroup>
 
diff --git a/src/Microsoft.PowerShell.CoreCLR.Eventing/Microsoft.PowerShell.CoreCLR.Eventing.csproj b/src/Microsoft.PowerShell.CoreCLR.Eventing/Microsoft.PowerShell.CoreCLR.Eventing.csproj
index 36317ba86e..c33fc10ccd 100644
--- a/src/Microsoft.PowerShell.CoreCLR.Eventing/Microsoft.PowerShell.CoreCLR.Eventing.csproj
+++ b/src/Microsoft.PowerShell.CoreCLR.Eventing/Microsoft.PowerShell.CoreCLR.Eventing.csproj
@@ -8,7 +8,7 @@
 
   <ItemGroup>
     <!-- the following package(s) are from https://github.com/dotnet/corefx -->
-    <PackageReference Include="System.Diagnostics.EventLog" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="System.Diagnostics.EventLog" Version="7.0.0-rc.2.22472.3" />
   </ItemGroup>
 
 </Project>
diff --git a/src/Microsoft.PowerShell.SDK/Microsoft.PowerShell.SDK.csproj b/src/Microsoft.PowerShell.SDK/Microsoft.PowerShell.SDK.csproj
index 682511ffba..4159ee8e56 100644
--- a/src/Microsoft.PowerShell.SDK/Microsoft.PowerShell.SDK.csproj
+++ b/src/Microsoft.PowerShell.SDK/Microsoft.PowerShell.SDK.csproj
@@ -18,9 +18,9 @@
     <!-- the following package(s) are from https://github.com/dotnet/fxdac -->
     <PackageReference Include="System.Data.SqlClient" Version="4.8.3" />
     <!-- the following package(s) are from https://github.com/dotnet/corefx -->
-    <PackageReference Include="System.IO.Packaging" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.Net.Http.WinHttpHandler" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.Text.Encodings.Web" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="System.IO.Packaging" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.Net.Http.WinHttpHandler" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.Text.Encodings.Web" Version="7.0.0-rc.2.22472.3" />
     <!-- the following package(s) are from https://github.com/dotnet/wcf -->
     <PackageReference Include="System.ServiceModel.Duplex" Version="4.10.0" />
     <PackageReference Include="System.ServiceModel.Http" Version="4.10.0" />
@@ -29,7 +29,7 @@
     <PackageReference Include="System.ServiceModel.Security" Version="4.10.0" />
     <PackageReference Include="System.Private.ServiceModel" Version="4.10.0" />
     <!-- the source could not be found for the following package(s) -->
-    <PackageReference Include="Microsoft.Windows.Compatibility" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="Microsoft.Windows.Compatibility" Version="7.0.0-rc.2.22472.3" />
   </ItemGroup>
 
 </Project>
diff --git a/src/Microsoft.WSMan.Management/Microsoft.WSMan.Management.csproj b/src/Microsoft.WSMan.Management/Microsoft.WSMan.Management.csproj
index 0ac640d196..3b45803af9 100644
--- a/src/Microsoft.WSMan.Management/Microsoft.WSMan.Management.csproj
+++ b/src/Microsoft.WSMan.Management/Microsoft.WSMan.Management.csproj
@@ -10,7 +10,7 @@
     <ProjectReference Include="..\System.Management.Automation\System.Management.Automation.csproj" />
     <ProjectReference Include="..\Microsoft.WSMan.Runtime\Microsoft.WSMan.Runtime.csproj" />
     <!-- the following package(s) are from https://github.com/dotnet/corefx -->
-    <PackageReference Include="System.ServiceProcess.ServiceController" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="System.ServiceProcess.ServiceController" Version="7.0.0-rc.2.22472.3" />
   </ItemGroup>
 
   <PropertyGroup>
diff --git a/src/System.Management.Automation/System.Management.Automation.csproj b/src/System.Management.Automation/System.Management.Automation.csproj
index 75deb301ba..b292b3e1a6 100644
--- a/src/System.Management.Automation/System.Management.Automation.csproj
+++ b/src/System.Management.Automation/System.Management.Automation.csproj
@@ -16,16 +16,16 @@
     <!-- the Application Insights package -->
     <PackageReference Include="Microsoft.ApplicationInsights" Version="2.21.0" />
     <!-- the following package(s) are from https://github.com/dotnet/corefx -->
-    <PackageReference Include="Microsoft.Win32.Registry.AccessControl" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.Configuration.ConfigurationManager" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.DirectoryServices" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="Microsoft.Win32.Registry.AccessControl" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.Configuration.ConfigurationManager" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.DirectoryServices" Version="7.0.0-rc.2.22472.3" />
     <!--PackageReference Include="System.IO.FileSystem.AccessControl" Version="6.0.0-preview.5.21301.5" /-->
-    <PackageReference Include="System.Management" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="System.Management" Version="7.0.0-rc.2.22472.3" />
     <PackageReference Include="System.Runtime.CompilerServices.Unsafe" Version="7.0.0-preview.2.22152.2" />
     <PackageReference Include="System.Security.AccessControl" Version="6.0.2-mauipre.1.22102.15" />
-    <PackageReference Include="System.Security.Cryptography.Pkcs" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.Security.Permissions" Version="7.0.0-rc.1.22426.10" />
-    <PackageReference Include="System.Text.Encoding.CodePages" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="System.Security.Cryptography.Pkcs" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.Security.Permissions" Version="7.0.0-rc.2.22472.3" />
+    <PackageReference Include="System.Text.Encoding.CodePages" Version="7.0.0-rc.2.22472.3" />
     <!-- the following package(s) are from the powershell org -->
     <PackageReference Include="Microsoft.Management.Infrastructure" Version="2.0.0" />
     <PackageReference Include="Microsoft.PowerShell.Native" Version="7.3.0-rc.1" />
diff --git a/test/tools/TestService/TestService.csproj b/test/tools/TestService/TestService.csproj
index 3b8ded97a0..aeb87b00ad 100644
--- a/test/tools/TestService/TestService.csproj
+++ b/test/tools/TestService/TestService.csproj
@@ -13,7 +13,7 @@
   </PropertyGroup>
 
   <ItemGroup>
-    <PackageReference Include="Microsoft.Windows.Compatibility" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="Microsoft.Windows.Compatibility" Version="7.0.0-rc.2.22472.3" />
   </ItemGroup>
 
 </Project>
diff --git a/test/tools/WebListener/WebListener.csproj b/test/tools/WebListener/WebListener.csproj
index 972638cbba..a80dcd0d97 100644
--- a/test/tools/WebListener/WebListener.csproj
+++ b/test/tools/WebListener/WebListener.csproj
@@ -7,8 +7,8 @@
   </PropertyGroup>
 
   <ItemGroup>
-    <PackageReference Include="Microsoft.AspNetCore.Mvc.NewtonsoftJson" Version="7.0.0-rc.1.22427.1" />
-    <PackageReference Include="System.Text.Encoding.CodePages" Version="7.0.0-rc.1.22426.10" />
+    <PackageReference Include="Microsoft.AspNetCore.Mvc.NewtonsoftJson" Version="7.0.0-rc.2.22476.1" />
+    <PackageReference Include="System.Text.Encoding.CodePages" Version="7.0.0-rc.2.22472.3" />
   </ItemGroup>
 
   <ItemGroup>