The present invention relates to a metallic coating to be deposited on gas turbine engine components. The metallic coating comprises up to 18 wt % cobalt, 3.0 to 18 wt % chromium, 5.0 to 15 wt % aluminum, 0.1 to 1.0 wt % yttrium, up to 0.6 wt % hafnium, up to 0.3 wt % silicon, 3.0 to 10 wt % tantalum, up to 9.0 wt % tungsten, 1.0 to 6.0 wt % rhenium, up to 10 wt % molybdenum, and the balance nickel.