TC18 titanium alloy is an essential material for aircraft landing gear. To reveal the wear and corrosion mechanisms of landing gear in service, a WC-12Co coating on a TC18 substrate was prepared by High-Velocity Air-Fuel (HVAF) spraying based on optimized process parameters, and an analysis of the microscopic characterization results for the materials involved was performed. Based on the computational fluid dynamics (CFD) method, the combustion reaction and discrete phase models of HVAF spraying were established. The flame characteristics under compressible turbulence and the flight temperature and velocity of particles were calculated. The effect of the spraying parameters on the flight temperature and velocity of particles was evaluated based on the response surface method (RSM) through multiple groups of orthogonal experiments, and the optimized process parameters were determined. The mass flow rate of reactants was 0.051 kg/s, the oxygen/fuel ratio was 2.83, the mass flow rate of the nitrogen was 0.000325 kg/s, the pressure of oxygen and fuel inlet was 1 MPa, the pressure at the particles inlet was 0.6 MPa and the maximum temperature and velocity of spraying particles were 1572 K and 417 m/s, respectively. The coatings prepared with the optimized process were subjected to the Scanning Electron Microscope (SEM), Energy Dispersive Spectroscopy (EDS), X-Ray Diffraction (XRD), wear, hardness, artificial seawater soaking and neutral salt spray experiments. The results showed that the mean hardness of the TC18 substrate was 401.2 HV0.3, the mean hardness of the WC-12Co coating was 1121 HV0.3, the friction coefficient between the TC18 substrate and the Si3N4 ceramic ball was 0.55 and the friction coefficient between the WC-12Co coating and the Si3N4 ceramic ball was 0.4. Compared to the TC18 substrate, the hardness of the WC-12Co coating was increased by 720 HV0.3, the friction coefficient with the Si3N4 ceramic ball decreased by 0.11, the corrosion resistance significantly improved and the maximum depth of the corrosion pits was 5 μm. The properties of the TC18 titanium alloy were effectively improved by the WC-12Co coating. The results of this study provide guidance for surface protection technologies of aircraft landing gear.