• Ta addition up to 2.0 wt.% fully dissolves in the near-β Ti-4Al-6Cr-5Mo-5Nb alloy, refining β grain size from 2.4 mm to 0.4 mm and increasing β phase fraction.
• Optimal Ta content of 1.6 wt.% yields peak tensile strength of 735 MPa and fracture toughness of 55 MPa·m1/2, achieving a superior strength-toughness balance.
• The study demonstrates a viable alloy design strategy to overcome the inherent strength-toughness trade-off in titanium alloys for aerospace fasteners.
• Microstructural evolution, including α-phase coarsening and β-phase stabilization, underpins the enhanced mechanical performance.
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