Boron carbide (B4C) is highly significant in the production of lightweight protective materials when added to aluminum owing to its exceptional mechanical properties. In this study, a method for fabricating Al-B4C composites using high-energy ball milling and directed energy deposition (DED) is presented. Al-4 wt.% B4C composites were fabricated under 21 different laser conditions to analyze the microstructure and mechanical properties at different values of laser power and scan speeds. The composites fabricated at a laser power of 600 W and the same scan speed exhibited the highest hardness and generated the fewest pores. In contrast, the composites fabricated at a laser power of 1000 W exhibited the lowest hardness and generated a significant number of large pores. This can be explained by the influence of the microstructure on the energy density at different values of laser power.