diff --git a/_service b/_service
index 29b8bb7..551a19c 100644
--- a/_service
+++ b/_service
@@ -5,11 +5,11 @@
     <param name="package-meta">no</param>
     <param name="exclude">.git</param>
     <param name="filename">libpsm2</param>
-    <param name="version">11.2.78</param>
+    <param name="version">11.2.86</param>
     <param name="versionrewrite-pattern">PSM2_(.*)</param>
     <param name="versionrewrite-replacement">\1</param>
     <param name="match-tag">PSM2_*</param>
-    <param name="revision">816c0dbdf911dba097dcbb09f023c5113713c33e</param>
+    <param name="revision">4f0ad8cf4d6b44fcce5f745e946a056659ba54c0</param>
   </service>
   <service name="recompress" mode="disabled">
     <param name="file">libpsm2*.tar</param>
diff --git a/libpsm2-11.2.78.tar.bz2 b/libpsm2-11.2.78.tar.bz2
deleted file mode 100644
index 6dfe136..0000000
--- a/libpsm2-11.2.78.tar.bz2
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:c443e876f79c58c43015a355f7177d749cd2f3499c335baa638874bb6b605739
-size 375470
diff --git a/libpsm2-11.2.86.tar.bz2 b/libpsm2-11.2.86.tar.bz2
new file mode 100644
index 0000000..114d4d0
--- /dev/null
+++ b/libpsm2-11.2.86.tar.bz2
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:6f5f091f214a9a7eb24b55b593aab8850494c36f6b84d6e041eedf94bb1c79e2
+size 363532
diff --git a/libpsm2-use_RPM_OPT_FLAGS.patch b/libpsm2-use_RPM_OPT_FLAGS.patch
index d4c392e..3ca8b7f 100644
--- a/libpsm2-use_RPM_OPT_FLAGS.patch
+++ b/libpsm2-use_RPM_OPT_FLAGS.patch
@@ -1,4 +1,4 @@
-commit 1ceab365d83ad618948fa06ed4b56ec5b0d2c90a
+commit 39d1ebb49b0e48cd85a1b3d7c7716fb3398277e7
 Author: Nicolas Morey-Chaisemartin <NMoreyChaisemartin@suse.com>
 Date:   Mon Nov 20 17:59:37 2017 +0100
 
@@ -9,20 +9,20 @@ Date:   Mon Nov 20 17:59:37 2017 +0100
     Signed-off-by: Nicolas Morey-Chaisemartin <NMoreyChaisemartin@suse.com>
 
 diff --git buildflags.mak buildflags.mak
-index 67593f5..4c7d43e 100644
+index 10ec2886e6d7..cd7d7df1796f 100644
 --- buildflags.mak
 +++ buildflags.mak
 @@ -80,7 +80,7 @@ else
  	anerr := $(error Unknown Fortran compiler arch: ${FCARCH})
  endif # gfortran
  
--BASECFLAGS += $(BASE_FLAGS) -pthread
-+BASECFLAGS += $(BASE_FLAGS) -pthread $(RPM_OPT_FLAGS)
+-BASECFLAGS := $(BASE_FLAGS) -pthread
++BASECFLAGS := $(BASE_FLAGS) -pthread $(RPM_OPT_FLAGS)
  LDFLAGS += $(BASE_FLAGS)
  ASFLAGS += $(BASE_FLAGS)
  
 diff --git compat/buildflags.mak compat/buildflags.mak
-index c677989..2674b87 100644
+index b448e4ee49b5..2a9a822bad74 100644
 --- compat/buildflags.mak
 +++ compat/buildflags.mak
 @@ -71,7 +71,7 @@ else
diff --git a/libpsm2.changes b/libpsm2.changes
index ad589c9..446cb77 100644
--- a/libpsm2.changes
+++ b/libpsm2.changes
@@ -1,3 +1,11 @@
+-------------------------------------------------------------------
+Fri Oct  4 06:56:26 UTC 2019 - Nicolas Morey-Chaisemartin <nmoreychaisemartin@suse.com>
+
+- Update to 11.2.86
+  - No release notes
+- Refresh libpsm2-use_RPM_OPT_FLAGS.patch against latest version
+- Use %license for COPYING
+
 -------------------------------------------------------------------
 Mon Feb 18 06:29:08 UTC 2019 - nmoreychaisemartin@suse.com
 
diff --git a/libpsm2.spec b/libpsm2.spec
index 4bc4f9d..78e4400 100644
--- a/libpsm2.spec
+++ b/libpsm2.spec
@@ -12,7 +12,7 @@
 # license that conforms to the Open Source Definition (Version 1.9)
 # published by the Open Source Initiative.
 
-# Please submit bugfixes or comments via http://bugs.opensuse.org/
+# Please submit bugfixes or comments via https://bugs.opensuse.org/
 #
 
 
@@ -20,7 +20,7 @@
 
 %define psm_so 2
 Name:           libpsm2
-Version:        11.2.78
+Version:        11.2.86
 Release:        0
 Summary:        Intel PSM Messaging API libraries
 License:        BSD-2-Clause OR GPL-2.0-only
@@ -111,7 +111,8 @@ rm  %{buildroot}/%{_libdir}/libpsm2.a
 %defattr(-,root,root,-)
 %{_libdir}/libpsm2.so.*
 %{_udevrulesdir}/40-psm.rules
-%doc COPYING README ChangeLog
+%doc README ChangeLog
+%license COPYING
 
 %files devel
 %defattr(-,root,root,-)