In this paper the metallic glass particles reinforced aluminium matrix composites without obvious defects were obtained successfully by explosive compaction of mixed powders. The mass fraction of the amorphous phase is 10%, 15% and 20% respectively in the specimens. The scaning electric microscope micrographs of the composites show that the metallic glass particles are uniformly distributed in the matrix. The x-ray diffraction and differential thermal analysis of the composite specimens show that the amorphous phase is maintained in the composites without crystallization during the compaction. Finally the influences of macro-temperature rise and micro-heat transfer on the crystallization were analyzed.