diff --git a/package.json b/package.json
index 12f952be94d3..e772b9684f05 100644
--- a/package.json
+++ b/package.json
@@ -148,7 +148,7 @@
     "guess-parser": "0.4.22",
     "http-proxy": "^1.18.1",
     "http-proxy-middleware": "2.0.6",
-    "https-proxy-agent": "5.0.1",
+    "https-proxy-agent": "7.0.2",
     "husky": "8.0.3",
     "ini": "4.1.1",
     "inquirer": "8.2.6",
diff --git a/packages/angular_devkit/build_angular/package.json b/packages/angular_devkit/build_angular/package.json
index 9256b786905e..8fb4e95a45f8 100644
--- a/packages/angular_devkit/build_angular/package.json
+++ b/packages/angular_devkit/build_angular/package.json
@@ -35,7 +35,7 @@
     "esbuild-wasm": "0.19.2",
     "fast-glob": "3.3.1",
     "guess-parser": "0.4.22",
-    "https-proxy-agent": "5.0.1",
+    "https-proxy-agent": "7.0.2",
     "http-proxy-middleware": "2.0.6",
     "inquirer": "8.2.6",
     "jsonc-parser": "3.2.0",
diff --git a/packages/angular_devkit/build_angular/src/utils/index-file/inline-fonts.ts b/packages/angular_devkit/build_angular/src/utils/index-file/inline-fonts.ts
index 55ed02475086..801b0e255d53 100644
--- a/packages/angular_devkit/build_angular/src/utils/index-file/inline-fonts.ts
+++ b/packages/angular_devkit/build_angular/src/utils/index-file/inline-fonts.ts
@@ -6,7 +6,7 @@
  * found in the LICENSE file at https://angular.io/license
  */
 
-import proxyAgent from 'https-proxy-agent';
+import { HttpsProxyAgent } from 'https-proxy-agent';
 import { createHash } from 'node:crypto';
 import { readFile, rm, writeFile } from 'node:fs/promises';
 import * as https from 'node:https';
@@ -196,11 +196,11 @@ export class InlineFontsProcessor {
       } catch {}
     }
 
-    let agent: proxyAgent.HttpsProxyAgent | undefined;
+    let agent: HttpsProxyAgent<string> | undefined;
     const httpsProxy = process.env.HTTPS_PROXY ?? process.env.https_proxy;
 
     if (httpsProxy) {
-      agent = proxyAgent(httpsProxy);
+      agent = new HttpsProxyAgent(httpsProxy);
     }
 
     const data = await new Promise<string>((resolve, reject) => {
diff --git a/yarn.lock b/yarn.lock
index f5610c96671f..56e2772d4c25 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -7468,6 +7468,14 @@ https-proxy-agent@5.0.1, https-proxy-agent@^5.0.0:
     agent-base "6"
     debug "4"
 
+https-proxy-agent@7.0.2, https-proxy-agent@^7.0.1:
+  version "7.0.2"
+  resolved "https://registry.yarnpkg.com/https-proxy-agent/-/https-proxy-agent-7.0.2.tgz#e2645b846b90e96c6e6f347fb5b2e41f1590b09b"
+  integrity sha512-NmLNjm6ucYwtcUmL7JQC1ZQ57LmHP4lT15FQ8D61nak1rO6DH+fz5qNK2Ap5UN4ZapYICE3/0KodcLYSPsPbaA==
+  dependencies:
+    agent-base "^7.0.2"
+    debug "4"
+
 https-proxy-agent@^2.2.1:
   version "2.2.4"
   resolved "https://registry.yarnpkg.com/https-proxy-agent/-/https-proxy-agent-2.2.4.tgz#4ee7a737abd92678a293d9b34a1af4d0d08c787b"
@@ -7476,14 +7484,6 @@ https-proxy-agent@^2.2.1:
     agent-base "^4.3.0"
     debug "^3.1.0"
 
-https-proxy-agent@^7.0.1:
-  version "7.0.2"
-  resolved "https://registry.yarnpkg.com/https-proxy-agent/-/https-proxy-agent-7.0.2.tgz#e2645b846b90e96c6e6f347fb5b2e41f1590b09b"
-  integrity sha512-NmLNjm6ucYwtcUmL7JQC1ZQ57LmHP4lT15FQ8D61nak1rO6DH+fz5qNK2Ap5UN4ZapYICE3/0KodcLYSPsPbaA==
-  dependencies:
-    agent-base "^7.0.2"
-    debug "4"
-
 human-signals@^2.1.0:
   version "2.1.0"
   resolved "https://registry.yarnpkg.com/human-signals/-/human-signals-2.1.0.tgz#dc91fcba42e4d06e4abaed33b3e7a3c02f514ea0"