diff --git a/presto-native-execution/CMakeLists.txt b/presto-native-execution/CMakeLists.txt
index ca4ffcf03df7a..5474fe970e6d8 100644
--- a/presto-native-execution/CMakeLists.txt
+++ b/presto-native-execution/CMakeLists.txt
@@ -38,6 +38,23 @@ set(DISABLED_WARNINGS
      -Wno-deprecated-declarations \
      -Wno-restrict")
 
+# Disable -Wstringop-overflow to avoid a false positive in the following
+# compiler versions. See https://gcc.gnu.org/bugzilla/show_bug.cgi?id=117983
+#
+# NOTE: Typically, this is disabled using a VELOX_SUPPRESS_STRINGOP guard within
+# the code; but that doesn't apply to 3rd-party libraries, so we need to disable
+# it globally for now.
+if("GNU" STREQUAL "${CMAKE_CXX_COMPILER_ID}"
+   AND ((CMAKE_CXX_COMPILER_VERSION VERSION_GREATER_EQUAL 12
+         AND CMAKE_CXX_COMPILER_VERSION VERSION_LESS 12.5)
+        OR (CMAKE_CXX_COMPILER_VERSION VERSION_GREATER_EQUAL 13
+            AND CMAKE_CXX_COMPILER_VERSION VERSION_LESS 13.4)
+        OR (CMAKE_CXX_COMPILER_VERSION VERSION_GREATER_EQUAL 14
+            AND CMAKE_CXX_COMPILER_VERSION VERSION_LESS 14.3)
+       ))
+  set(DISABLED_WARNINGS "${DISABLED_WARNINGS} -Wno-stringop-overflow")
+endif()
+
 # Important warnings that must be explicitly enabled.
 set(ENABLE_WARNINGS "-Wreorder")
 
diff --git a/presto-native-execution/velox b/presto-native-execution/velox
index 28be93b4d05bf..d78134d58d09d 160000
--- a/presto-native-execution/velox
+++ b/presto-native-execution/velox
@@ -1 +1 @@
-Subproject commit 28be93b4d05bf6d9faa5058227dd4f8d4688b96d
+Subproject commit d78134d58d09d2c138bec52fde924d3b120f7fb6