The paper deals with investigation of the process of manufacturing MMC by dynamic consolidation of mechanically alloyed particulate aluminum and silicon carbide. Mechanical alloying was carrying out in high-energy planetary mills. Dynamic consolidation was made by two methods i.e. magnetic-pulse pressurizing and explosion treating. Structure has been investigated by optical, scanning and transmission electron microscopy. The investigations have been shown that dynamic consolidation of initially mechanically alloyed particulate aluminum and silicon carbide enables to obtain high-quality material without pores, cavities and other defects.