diff --git a/Makefile.objs b/Makefile.objs
index f4d2faf06c..ea97a03eee 100644
--- a/Makefile.objs
+++ b/Makefile.objs
@@ -128,7 +128,7 @@ user-obj-y += cutils.o cache-utils.o
 # libhw
 
 hw-obj-y =
-hw-obj-y += loader.o
+hw-obj-y += vl.o loader.o
 hw-obj-y += virtio.o virtio-console.o
 hw-obj-y += fw_cfg.o pci.o pci_host.o pcie_host.o
 hw-obj-y += watchdog.o
diff --git a/Makefile.target b/Makefile.target
index 34ceed60bd..3bd4b86737 100644
--- a/Makefile.target
+++ b/Makefile.target
@@ -162,7 +162,7 @@ endif #CONFIG_BSD_USER
 # System emulator target
 ifdef CONFIG_SOFTMMU
 
-obj-y = arch_init.o cpus.o monitor.o machine.o gdbstub.o vl.o balloon.o
+obj-y = arch_init.o cpus.o monitor.o machine.o gdbstub.o balloon.o
 # virtio has to be here due to weird dependency between PCI and virtio-net.
 # need to fix this properly
 obj-y += virtio-blk.o virtio-balloon.o virtio-net.o virtio-serial-bus.o