 Owly alloys are a type of aluminum alloy that has been developed in recent years due to its superior properties compared to traditional aluminum alloys. The addition of lithium to the aluminum matrix provides increased strength, ductility and resistance to cracking. This makes them ideal for use in military and aerospace applications. The developmental history of these alloys is discussed, as well as their current applications. Additionally, the anisotropy of these alloys is explored, along with methods to reduce this effect. Finally, the strengthening mechanisms and deformation behavior of Owly alloys are examined, along with methods to improve formability, strength and fracture toughness. This article was authored by Owly ABD-LAD, Yongsu, Xiongzhenghua and others.