The microstructure and elevated temperature mechanical behavior of as-cast, HIPed and directionally solidified NiAl-Fe(Nb) Alloys have been investigated. The results show that the microstructure of as-cast NiAl-Fe(Nb) alloy consists of dendritic regions (b) and interdendritic regions (g/g¢) with non-continuous NbNiAl(Laves) phase segregating at the interfaces of b and g/g¢ phases. The HIP processing does not alter the microstructure of as-cast alloy. The longitudinal dendritic microstructure of the DS NiAl-Fe(Nb) alloy is regular. Room temperature elongations of as-cast and HIPed NiAl-Fe(Nb) alloys are all zero, however, 0.4% for the DS alloy. The strength and elongation of the HIPed alloy are higher than that of as-cast alloy. The yield strength and ultimate strength of the DS alloy are equivalent to that of as-cast alloy, but elongation of the DS alloy is higher than that of as-cast alloy, the elongation exceed 100% at 1273K, which indicates that the DS alloy can be deformed superplastically.