The aerospace industry continually seeks advanced materials to enhance aircraft performance, durability, and efficiency. This study focuses on the development and characterization of a novel multi-metal alloy composed of aluminium 2024, silicon carbide (SiC), titanium (Ti), and niobium (Nb) for potential application in fuselage panels. The alloy’s design aims to achieve a balance between strength, weight reduction, and resistance to environmental factors encountered during flight operations. The fabrication process involves powder metallurgy techniques, casting, and controlled heat treatments to achieve the desired mechanical properties. Subsequent testing encompasses a comprehensive evaluation of mechanical and corrosion resistance properties, utilizing techniques such as mechanical testing and ferric chloride corrosion testing. The results obtained from this research are expected to provide valuable insights into the feasibility and potential advantages of employing the developed multi-metal alloy in aerospace structural components, particularly fuselage panels, paving the way for enhanced aircraft performance and durability in the future aviation systems.