Abstract: Titanium-based alloy contains, % by mass: aluminum 2.2 to 3.8; vanadium 4.5 to 5.9; moloybdenum 4.5 to 5.9; chromium 2.0 to 3.6; iron 0.2 to 0.8; zirconium 0.0l to 0.08; carbon 0.01 to 0.25; oxygen 0.03 to 0.25; titanium being the balance. The alloy possesses high ability to volume deformation in cold state (is easily rolled into rods), does not have tendency to form high-melting inclusions and is efficiently enforced with thermal treatment with obtaining of high level of strength and plasticity characteristics.