Eutectoid decomposition of γ-phase (cI2) into α-phase (oC4) and γ'-phase (tI6) during the hot isostatic pressing (HIP) of the U-10 wt.% Mo (U10Mo) alloy was investigated using monolithic fuel plate samples consisting of U10Mo fuel alloy, Zr diffusion barrier and AA6061 cladding. The decomposition of the γ-phase was observed because the HIP process is carried out near the eutectoid temperature, 555°C. Initially, a cellular structure, consisting of γ'-phase surrounded by α-phase, developed from the destabilization of the γ-phase. The cellular structure further developed into an alternating lamellar structure of α-and γ'-phases. Using scanning electron microscopy and transmission electron microscopy, qualitative and quantitative microstructural analyses were carried out to identify the phase constituents, and elucidate the microstructural development based on time-temperature-transformation diagram of the U10Mo alloy. The destabilization of γ-phase into α-and γ'-phases would be minimized when HIP process was carried out with rapid ramping/cooling rate and dwell temperature higher than 560°C.