A multi-material structure combines diverse materials, allowing for precise tailoring of properties in specific regions. The integration of dissimilar materials leads to superior performance compared to single-material components. Bimetallic structures, a subset of multi-material systems, offer site-specific performance owing to the contrasting properties of the materials involved. This thesis focused on fabricating a thin, functionally graded bi-metallic wall using Wire Arc Additive Manufacturing (WAAM) with Inconel 625 and HSLA steel. Functional grading of metallic materials, like Inconel 625 and HSLA steel, enables precise customisation of component properties to fulfil distinct functions within a structure. Despite its promise, this combination presents challenges, notably the formation of intermetallic compounds that act as a catalyst for forming solidification cracks in combination with varying material composition and high heat input. Optimal process parameters, notably reduced heat input, are critical in mitigating these issues. The current study involved process parameters optimisation for Inconel 625 single bead-on-plate welds to control dilution levels at dissimilar interfaces. Extensive characterisation using Light Optical Microscopy (LOM) and Scanning Electron Microscopy (SEM) equipped with Energy Dispersive Spectroscopy (EDS) was conducted to study the microstructural evolution of the as-fabricated sandwich structure. Results indicated that interface 1 (Inconel 625/HSLA steel) exhibited minimal dilution and zero defects, while interface 2 (HSLA Steel/Inconel 625) exhibited substantial dilution and was prone to solidification cracks. The EDS results affirmed that the variations of elemental composition and heavy dilution at interface 2 lead to inhomogeneous microstructural features, elemental segregations and the formation of brittle intermetallic phases, thereby leading to a solidification crack at this particular interface. X-ray diffraction (XRD) measurements were conducted to identify phases at the dissimilar interfaces, corroborating the microstructural features observed using SEM and LOM. The identified phases confirm the presence of brittle intermetallics, such as the laves phase, extensively present at interface 2. Vickers hardness testing was performed to assess the mechanical behaviour at both interfaces, revealing a consistent trend of decreasing values with a sudden increase in hardness values at both interfaces due to microstructural transition. Based on the EDS results, an optimal range of elemental compositions was speculated, focusing primarily on the significant elements Fe, Ni, and Cr. These compositions, with Ni content of approximately 20-25 wt%, Fe content of around 70-75 wt%, and Cr content of approximately 5-10 wt%, are crucial in reducing cracking susceptibility at interface 2. This study elucidates the initiation and propagation of solidification cracks at interface 2, establishing a definitive link between microstructural evolution, mechanical behaviour, and crack formation. Ultimately, this thesis lays the foundation for future research to delve deeper into these insights, fine-tune process parameters, and fabricate compositionally graded multi-material structures with enhanced susceptibility to solidification cracking at dissimilar interfaces.