Due to their enhanced mechanical properties and high range applications in severe environments use, there is ongoing research in the area of amorphous metallic glasses and nanostructured materials. The science and mechanisms leading to these exceptional properties are discussed herein. The arc sprayed coatings produced for study in this paper show remarkable performance and are analyzed in-depth using advanced characterization techniques such as X-ray diffraction (XRD), scanning electron microscopy (SEM) and transmission electron microscopy (TEM). Additional analysis of the mechanical properties of the coatings show enhanced strength and hardness, good wear and corrosion properties, along with high temperature corrosion and oxidation resistance.