An alpha/beta titanium alloy comprising, in percent by weight based on total alloy weight: 3.9 to 4.5 aluminium； 2.2 to 3.0 vanadium； 1.2 to 1.8 iron； 0.24 to 0.30 oxygen； up to 0.08 carbon； up to 0.05 nitrogen； up to 0.015 hydrogen； up to a total of 0.30 of other elements: and the balance titanium and other impurities. The &ldquo；up to 0.30% of other elements includes less than 0.005 each of boron and yttrium and no greater than 0.10 each of tin, zirconium, molybdenum, chromium, nickel, silicon, copper, niobium, tantalum, manganese and cobalt. The alloy may comprise an aluminium equivalent value in the range of 6.4 to 7.2, exhibits a yield strength in the range of 120 ksi (827.4 MPa) to 155 ksi (1,069 MPa), exhibits an ultimate tensile strength in the range of 130 ksi (896.3 MPa) to 165 ksi (1,138 MPa), and exhibits a ductility in the range of 12 to 30 percent elongation.
