diff --git a/docs/design/cpu-specific-build-macros.rst b/docs/design/cpu-specific-build-macros.rst
index 69d3722..cce418f 100644
--- a/docs/design/cpu-specific-build-macros.rst
+++ b/docs/design/cpu-specific-build-macros.rst
@@ -715,6 +715,10 @@
   CPU. This needs to be enabled only for revisions r0p0, r1p0 and r1p1 of the
   CPU, it is still open.
 
+- ``ERRATA_X3_2742421``: This applies errata 2742421 workaround to
+  Cortex-X3 CPU. This needs to be enabled only for revisions r0p0, r1p0 and
+  r1p1. It is fixed in r1p2.
+
 For Cortex-A510, the following errata build flags are defined :
 
 -  ``ERRATA_A510_1922240``: This applies errata 1922240 workaround to
diff --git a/include/lib/cpus/aarch64/cortex_x3.h b/include/lib/cpus/aarch64/cortex_x3.h
index ceafe66..e648734 100644
--- a/include/lib/cpus/aarch64/cortex_x3.h
+++ b/include/lib/cpus/aarch64/cortex_x3.h
@@ -1,5 +1,5 @@
 /*
- * Copyright (c) 2021-2022, Arm Limited. All rights reserved.
+ * Copyright (c) 2021-2023, Arm Limited. All rights reserved.
  *
  * SPDX-License-Identifier: BSD-3-Clause
  */
@@ -31,4 +31,11 @@
 #define CORTEX_X3_CPUACTLR2_EL1			S3_0_C15_C1_1
 #define CORTEX_X3_CPUACTLR2_EL1_BIT_36		(ULL(1) << 36)
 
+/*******************************************************************************
+ * CPU Auxiliary Control register 5 specific definitions.
+ ******************************************************************************/
+#define CORTEX_X3_CPUACTLR5_EL1			S3_0_C15_C8_0
+#define CORTEX_X3_CPUACTLR5_EL1_BIT_55		(ULL(1) << 55)
+#define CORTEX_X3_CPUACTLR5_EL1_BIT_56		(ULL(1) << 56)
+
 #endif /* CORTEX_X3_H */
diff --git a/lib/cpus/aarch64/cortex_x3.S b/lib/cpus/aarch64/cortex_x3.S
index c781d38..98d148e 100644
--- a/lib/cpus/aarch64/cortex_x3.S
+++ b/lib/cpus/aarch64/cortex_x3.S
@@ -42,6 +42,14 @@
 
 check_erratum_ls cortex_x3, ERRATUM(2615812), CPU_REV(1, 1)
 
+workaround_reset_start cortex_x3, ERRATUM(2742421), ERRATA_X3_2742421
+	/* Set CPUACTLR5_EL1[56:55] to 2'b01 */
+	sysreg_bit_set CORTEX_X3_CPUACTLR5_EL1, CORTEX_X3_CPUACTLR5_EL1_BIT_55
+	sysreg_bit_clear CORTEX_X3_CPUACTLR5_EL1, CORTEX_X3_CPUACTLR5_EL1_BIT_56
+workaround_reset_end cortex_x3, ERRATUM(2742421)
+
+check_erratum_ls cortex_x3, ERRATUM(2742421), CPU_REV(1, 1)
+
 workaround_reset_start cortex_x3, CVE(2022, 23960), WORKAROUND_CVE_2022_23960
 #if IMAGE_BL31
 	override_vector_table wa_cve_vbar_cortex_x3
diff --git a/lib/cpus/cpu-ops.mk b/lib/cpus/cpu-ops.mk
index 8df0a29..cbb0f20 100644
--- a/lib/cpus/cpu-ops.mk
+++ b/lib/cpus/cpu-ops.mk
@@ -738,6 +738,10 @@
 # to revisions r0p0, r1p0, r1p1 of the Cortex-X3 cpu, it is still open.
 CPU_FLAG_LIST += ERRATA_X3_2615812
 
+# Flag to apply erratum 2742421 workaround on reset. This erratum applies
+# to revisions r0p0, r1p0 and r1p1 of the Cortex-X3 cpu, it is fixed in r1p2.
+CPU_FLAG_LIST += ERRATA_X3_2742421
+
 # Flag to apply erratum 1922240 workaround during reset. This erratum applies
 # to revision r0p0 of the Cortex-A510 cpu and is fixed in r0p1.
 CPU_FLAG_LIST += ERRATA_A510_1922240
diff --git a/services/std_svc/errata_abi/errata_abi_main.c b/services/std_svc/errata_abi/errata_abi_main.c
index a37c374..4060ebb 100644
--- a/services/std_svc/errata_abi/errata_abi_main.c
+++ b/services/std_svc/errata_abi/errata_abi_main.c
@@ -424,7 +424,8 @@
 	.cpu_errata_list = {
 		[0] = {2313909, 0x00, 0x10, ERRATA_X3_2313909},
 		[1] = {2615812, 0x00, 0x11, ERRATA_X3_2615812},
-		[2 ... ERRATA_LIST_END] = UNDEF_ERRATA,
+		[2] = {2742421, 0x00, 0x11, ERRATA_X3_2742421},
+		[3 ... ERRATA_LIST_END] = UNDEF_ERRATA,
 	}
 },
 #endif /* CORTEX_X3_H_INC */