Abstract: Disclosed is a novel high temperature coating system comprised of two successively deposited layers of different respective materials which may be applied to turbine engine components to provide improved oxidation and corrosion resistance. The second applied layer is a composition having the general formula MCrAlY wherein M is a solid solution of molybdenum in nickel, cobalt or nickel plus cobalt. The first applied layer or interlayer, which is applied directly to the turbine engine component, is an aluminum coating.