In order to improve the high-temperature oxidation resistance of Ti60 alloy, a Ti-Hf-Mo-Ta-Nb-B composite coating was prepared on Ti60 alloy with Ti, Hf, Mo, Ta and Nb powder and B powder as raw materials using laser cladding. The microstructure and oxidation behavior of the coating before and after oxidation at 1100 °C × 120 h in static air were studied with XRD, SEM, EDS and isothermal oxidation techniques. The results show that the coating was mainly composed of six phases, (Ti0.2Hf0.2Mo0.2Ta0.2 Nb0.2)B2, TiB, HfB2, Mo4.00 B3.40, TiHf and Hf1.86Mo0.14. The high-temperature oxidation of the coating and Ti60 alloy followed parabolic law, and the oxidation weight gain rate of the coating after 110 °C × 120 h was only 1/4.8 of that of the Ti60 alloy. The improvement of the high-temperature oxidation resistance of the coating may benefit from high-temperature oxidation resistance (Ti0.2Hf0.2 Mo0.2Ta0.2Nb0.2)B2, HfB2 and TiB boride ceramic phases.