diff --git a/recipes-ti/devtools/ti-cgt-arm.inc b/recipes-ti/devtools/ti-cgt-arm.inc
index b9f75668..d55b55b4 100644
--- a/recipes-ti/devtools/ti-cgt-arm.inc
+++ b/recipes-ti/devtools/ti-cgt-arm.inc
@@ -9,7 +9,7 @@ require recipes-ti/includes/ti-paths.inc
 
 S = "${WORKDIR}/ti-cgt-arm-${PV}"
 
-PR = "r1"
+PR = "r2"
 
 SRC_URI = "http://software-dl.ti.com/codegen/esd/cgt_public_sw/TMS470/${PV}.LTS/${BINFILE};name=${BINFILE_NAME}"
 
@@ -17,6 +17,12 @@ BINFILE = "ti_cgt_tms470_${PV}.LTS_linux_installer_x86.bin"
 TI_BIN_UNPK_ARGS = "--prefix ${S}"
 TI_BIN_UNPK_CMDS = ""
 
+do_configure_append() {
+    # Remove the library if it exists to prevent an error when building the
+    # library in do_compile().
+    rm -f ./ti-cgt-arm_${PV}.LTS/lib/rtsv7R4_A_le_v3D16_eabi.lib
+}
+
 do_compile_append() {
     cd ${S}/ti-cgt-arm_${PV}.LTS
     export PATH=${PATH}:${S}/ti-cgt-arm_${PV}.LTS/bin