Direction finding (DF) systems are used to determine the direction-of-arrival (DoA) of electromagnetic waves, thus allowing for the tracking of RF sources. In this paper, we present an alternative formulation of antenna arrays for modeling DF systems. To improve the accuracy of the data provided by the DF systems, the effects of mutual coupling in the array, polarization of the received waves, and impedance mismatches in the RF front-end receiver are all taken into account in the steering vectors of the DoA algorithms. A closed-form expression, which uses scattering parameter data and active-element patterns, is derived to compute the receiver output voltages. Special attention is given to the analysis of wave polarization relative to the DF system orientation. Applying the formulation introduced here, a complete characterization of the received waves is accomplished without the need for system calibration techniques. The validation of the proposed model is carried out by measurements of a 2.2 GHz DF system running a MUSIC algorithm. Tests are performed with a linear array of printed monopoles and with a planar microstrip antenna array having polarization diversity. The experimental results show DoA estimation errors below 6° and correct classification of the polarization of incoming waves, confirming the good performance of the developed formulation.