In this paper, we describe how an aluminum alloy-reinforced silicon carbide ceramic matrix composite (SiCCMC) with excellent damping capacity and storage modulus was fabricated by infiltration. The effects of silicon (Si) on the microstructure and damping capacity of the composite were studied. The interface bonding and damping mechanism involved were also discussed. The results show that composites with high damping capacity can be obtained by infiltrating SiC ceramics with aluminum alloy. The residual Si in the SiC ceramic had little effect on the damping capacity, and it provided the passage of aluminum alloy into the interior of the SiC ceramic. The aluminum atoms penetrate the SiC particles by diffusion. Optimal composite damping capacity was obtained when the Si content in the aluminum alloy was 15 wt. %, because the AlSi/SiC interface friction dissipated most of thermal energy. Ti3SiC2 formed on the surface had little effect on the damping capacity. Additionally, by changing the Si content in the aluminum alloy, the strength and damping capacity of the composites can be controlled.