In this study, a neutron and γ-ray absorbing (Gd2O3+W)/Al composite was fabricated by vacuum sintering. Firstly, through Monte Carlo Neutron and Photo Transport Code (MCNP) calculations, the content of Gd2O3 and W in the composite was determined to be 10 wt% and 25 wt%, respectively. Then, the influence of sintering temperature and sintering time on the microstructure, density, compression properties and electrochemical corrosion behavior of the (Gd2O3+W)/Al composites were investigated. The results indicate that sintering temperatures below 600 °C and sintering times shorter than 2 h led to insufficient density of the composite. Conversely, sintering temperatures above 600 °C and sintering times longer than 2 h caused W to agglomerate, resulting in a decrease in the density of the composite and a deterioration of its electrochemical performance. Therefore, the optimal sintering temperature and sintering time for the (Gd2O3+W)/Al composites were determined to be 600 °C and 2 h, respectively. Finally, the immersion corrosion performance in H3BO3 solution of the composite fabricated by the optimal process parameters was studied in detail. It was found that pitting was the main corrosion form of the (Gd2O3+W)/Al composite, and an oxidation film mainly composed of Al2O3 was formed on the surface.