Cobalt-Tungsten (Co-W) alloy coatings possessing high hardness and wear/corrosion resistance, due to their ecofriendly processing, have been of interest to the researchers owing to its various industrial applications in automobile, aerospace, and machine parts. This technical paper reports Co-W alloy coatings dispersed with multiwalled carbon nanotubes (MWCNTs) produced by pulse electrodeposition from aqueous bath involving cobalt sulfate, sodium tungstate, and citric acid on stainless steel substrate (SS316). Studies on surface morphology through SEM, microhardness by Vickers method, microwear by pin-on-disk method, and corrosion behavior through potentiodynamic polarization method for the Co-W-CNT coatings were reported. Characterization studies were done by SEM and EDX analysis. The results showed that the corrosion and tribological properties of the pulse-electrodeposited Co-W-CNT alloy coatings were greatly influenced by its morphology, microhardness, %W, and MWCNT content in the coatings.