diff --git a/cmake/3rdPartyPackages.cmake b/cmake/3rdPartyPackages.cmake
index 9a632798e8..0d1667f0e1 100644
--- a/cmake/3rdPartyPackages.cmake
+++ b/cmake/3rdPartyPackages.cmake
@@ -529,6 +529,12 @@ function(ly_force_download_package package_name)
     execute_process(COMMAND ${CMAKE_COMMAND} -E tar xf ${temp_download_target} 
          WORKING_DIRECTORY ${final_folder} COMMAND_ECHO STDOUT OUTPUT_VARIABLE unpack_result)
 
+    # For the runtime dependencies cases, we need the timestamps of the files coming from 3rdParty to be newer than the ones
+    # from the output so the new versions get copied over. The untar from the previous step preserves timestamps so they
+    # can produce binaries with older timestamps to the ones that are in the build output.
+    file(GLOB_RECURSE package_files LIST_DIRECTORIES false ${final_folder}/*)
+    file(TOUCH_NOCREATE ${package_files})
+
     if (NOT ${unpack_result} EQUAL 0)
         message(SEND_ERROR "ly_package: required package {package_name} could not be unpacked.  Compile may fail!  Enable LY_PACKAGE_DEBUG to debug.")
         return()
diff --git a/cmake/Platform/Common/runtime_dependencies_common.cmake.in b/cmake/Platform/Common/runtime_dependencies_common.cmake.in
index 9d23a73a26..104c20205c 100644
--- a/cmake/Platform/Common/runtime_dependencies_common.cmake.in
+++ b/cmake/Platform/Common/runtime_dependencies_common.cmake.in
@@ -15,6 +15,7 @@ function(ly_copy source_file target_directory)
         if("${source_file}" IS_NEWER_THAN "${target_directory}/${target_filename}")
             message(STATUS "Copying \"${source_file}\" to \"${target_directory}\"...")
             file(COPY "${source_file}" DESTINATION "${target_directory}" FILE_PERMISSIONS @LY_COPY_PERMISSIONS@ FOLLOW_SYMLINK_CHAIN)
+            file(TOUCH_NOCREATE ${target_directory}/${target_filename})
         endif()
     endif()    
 endfunction()
diff --git a/cmake/Platform/Mac/runtime_dependencies_mac.cmake.in b/cmake/Platform/Mac/runtime_dependencies_mac.cmake.in
index 9f9006c4c0..9869871f85 100644
--- a/cmake/Platform/Mac/runtime_dependencies_mac.cmake.in
+++ b/cmake/Platform/Mac/runtime_dependencies_mac.cmake.in
@@ -125,7 +125,7 @@ function(ly_copy source_file target_directory)
                 file(LOCK ${target_directory}/${target_filename}.lock GUARD FUNCTION TIMEOUT 300)
             endif()
             file(COPY "${source_file}" DESTINATION "${target_directory}" FILE_PERMISSIONS @LY_COPY_PERMISSIONS@ FOLLOW_SYMLINK_CHAIN)
-            file(TOUCH ${target_directory}/${target_filename})
+            file(TOUCH_NOCREATE ${target_directory}/${target_filename})
             set(anything_new TRUE PARENT_SCOPE)
         endif()
     endif()