diff --git a/src/braket/tracking/tracking_context.py b/src/braket/tracking/tracking_context.py
index 65b8ea42b..f3875dd63 100644
--- a/src/braket/tracking/tracking_context.py
+++ b/src/braket/tracking/tracking_context.py
@@ -13,10 +13,13 @@
 
 from __future__ import annotations
 
+import threading
+
 
 class TrackingContext:
     def __init__(self):
         self._trackers = set()
+        self._lock = threading.Lock()
 
     def register_tracker(self, tracker: Tracker) -> None:  # ruff:ignore[undefined-name]
         """Registers a tracker.
@@ -24,7 +27,8 @@ def register_tracker(self, tracker: Tracker) -> None:  # ruff:ignore[undefined-n
         Args:
             tracker (Tracker): The tracker.
         """
-        self._trackers.add(tracker)
+        with self._lock:
+            self._trackers.add(tracker)
 
     def deregister_tracker(self, tracker: Tracker) -> None:  # ruff:ignore[undefined-name]
         """Deregisters a tracker.
@@ -32,7 +36,8 @@ def deregister_tracker(self, tracker: Tracker) -> None:  # ruff:ignore[undefined
         Args:
             tracker (Tracker): The tracker.
         """
-        self._trackers.remove(tracker)
+        with self._lock:
+            self._trackers.remove(tracker)
 
     def broadcast_event(self, event: _TrackingEvent) -> None:  # ruff:ignore[undefined-name]
         """Broadcasts an event to all trackers.
@@ -40,7 +45,11 @@ def broadcast_event(self, event: _TrackingEvent) -> None:  # ruff:ignore[undefin
         Args:
             event (_TrackingEvent): The event to broadcast.
         """
-        for tracker in self._trackers:
+        # Iterate over a snapshot so that trackers registering or deregistering
+        # concurrently (or from receive_event) cannot mutate the set mid-iteration.
+        with self._lock:
+            trackers = list(self._trackers)
+        for tracker in trackers:
             tracker.receive_event(event)
 
     def active_trackers(self) -> set:
diff --git a/test/unit_tests/braket/tracking/test_tracking_context.py b/test/unit_tests/braket/tracking/test_tracking_context.py
index 2963bbd0b..3a11cd9c6 100644
--- a/test/unit_tests/braket/tracking/test_tracking_context.py
+++ b/test/unit_tests/braket/tracking/test_tracking_context.py
@@ -42,3 +42,20 @@ def test_broadcast_event():
     broadcast_event("EVENT")
     tracker.receive_event.assert_called_with("EVENT")
     deregister_tracker(tracker)
+
+
+def test_broadcast_event_tracker_deregisters_during_broadcast():
+    class SelfDeregisteringTracker:
+        def __init__(self):
+            self.events = []
+
+        def receive_event(self, event):
+            self.events.append(event)
+            deregister_tracker(self)
+
+    trackers = [SelfDeregisteringTracker() for _ in range(2)]
+    for tracker in trackers:
+        register_tracker(tracker)
+    broadcast_event("EVENT")
+    assert all(tracker.events == ["EVENT"] for tracker in trackers)
+    assert active_trackers() == set()