Rapidly solidified flakes of Al-9%Zn-2.5%Mg-1%Cu alloys containing Co, Fe, Mn and Fe+Ni were produced by atomizing the alloy melt and subsequent splat quenching onto a water-cooled copper single roll. Consolidation of the flakes was done by cold pressing, vacuum degassing and hot extrusion at a reduction ratio of 25 to 1. Fine and uniform dispersion of transition metal compounds was attained in all P/M materials, and Mn bearing alloy showed the highest hardness whereas Co bearinig one the lowest. The age hardening behavior was not affected by the addition of various transition meals, and hence Mn bearing alloy showed the highest peak hardness. Tensile strength of T6 treated Mn beariing P/M alloy was 817MPa with 6wt% Mn addition, and 787MPa with 2wt% Mn. In T6 treated P/M Mn bearing alloys, an elastic modulus higher than 82GPa, a specific elastic modulus higher than 28GPa and a specific tensile strength higher than 270MPa were obtained. These values are even higher than those of Ti-6Al-4V at room temperature.