The object of this paper is to investigate a PCM telemetry system which is designed and constructed in individual modules for an airborne remote measurement system for the first time in Korea. The time division multiplexing PCM encoder has maximum allowable input channels 64 words/frame, 140kbits/sec bit rate. 200frames/sec and 10 bits/wod resolution. And the transmitting unit is designed for 2.2-2.3GHz(s-band) telemetry frequency band, PCM/FM modulation. The Study of airborne PCM telemtry system contribute to develop a device which can acquire various technical data of newly developing flying vehicles by remote measurement. The performance of the proposed system has been verified through a seguence of tests.