Fe-28Al and Fe-28Al-10Ti alloys were prepared by mechanical alloying and hot pressed sintering. The mechanical properties and wear resistance were studied. The results show that Fe-28Al bulk material is mainly characterized by the low ordered B2 Fe3Al structure with some dispersed Al2O3 particles. The mechanical properties such as the hardness and strength of Fe-28Al-10Ti are significantly improved compared with Fe-28Al, which is attributed to the grain refinement and solid solution reinforcing with the addition of Ti element. The fracture mode is mainly the intergranular fracture. Fe-28Al-10Ti exhibits more excellent wear resistance than Fe-28Al, especially after long distance sliding wear test. There is difference in wear mechanisms of Fe-28Al and Fe-28Al-10Ti alloys. Under the load of 100N, there is obvious plastic deformation on the worn surface of Fe-28Al. Micro-crack and layer splitting occur on the surface of Fe-28Al. The main wear performance of Fe-28Al-10Ti is particle abrasion, the characteristics of which are micro cutting and micro furrows.