On today's modern battlefield, the ability to adapt is critical. The asymmetric threats that we now face require that we have the ability to evolve and field new technology quickly and reliably. The Kalman filter is an important algorithm often used in target tracking applications to estimate the future behavior of a system based on a series of past behaviors. There exists an urgent need to provide a flexible Kalman filter implementation in a portable yet synthesizable design. A one dimensional Kalman Filter algorithm provided in Matlab is used as the basis for the Very High Speed Integrated Circuit Hardware Description Language (VHDL) model. The JAVA programming language is used to create the VHDL code that describes the Kalman filter in hardware which allows for maximum flexibility. The internal parameters of the filter such as process noise covariance, measurement noise covariance, data width, and data shape can be adjusted to achieve an optimal design to fit any requirement. A one-dimensional behavioral model of the Kalman Filter is described, as well as a one-dimensional and synthesizable register transfer level (RTL) model with optimizations for speed, area, and power. These optimizations are achieved by a focus on parallelization as well as careful Kalman filter sub-module algorithm selection. Newton-Raphson reciprocal is the chosen algorithm for a fundamental aspect of the Kalman filter, which allows efficient high-speed computation of reciprocals within the overall system. The Newton-Raphson method is also expanded for use in calculating square-roots in an optimized and synthesizable two-dimensional VHDL implementation of the Kalman filter. The two-dimensional Kalman filter expands on the one-dimensional implementation allowing for the tracking of targets on a real-world Cartesian coordinate system. An additional goal of this research is to perform an investigation and characterization of how to realize optimal real-time target tracking algorithms in hardware, This thesis would not have been possible if not for the help and patience of my family, friends, and professors. First and foremost, I need to thank my wife for her encouragement and understanding. I also need to thank my three children, who never forgot who I was despite many prolonged absences and whose hugs and smiles could bring me up in an instant. I made many new friends here at AFIT that supported me and helped all along the way; thanks guys. I had many great professors to whom I extend a sincere thank you. In particular, I would like to thank Dr. Yong Kim for his mentorship and guidance down this long difficult road.