Metal additive manufacturing (AM) offers the possibility to rapidly produce complex geometries that are not achievable with conventional manufacturing methods. The two most common technologies, Laser Powder Bed Fusion (LPBF) and Direct Metal Deposition (DMD), are characterized by high process temperatures, fast heating, and cooling rates, and an associated far-from-equilibrium solidification. This is problematic when processing materials that were developed and optimized many years ago for conventional manufacturing processes. Common difficulties are the occurrence of gas pores in the component, which are caused by the evaporation of volatile alloying elements during the process, the formation of hot cracks due to large solidification intervals, and the formation of metastable phases. For the processing of high-strength, precipitation-hardening Al-Cu aluminum alloys, this prevents the use of non-modified conventional alloys. However, the development of novel alloys tailored to these processes not only allows these difficulties to be overcome but also opens up the possibility of improving material properties through the targeted exploitation of process-inherent properties. This includes the processing of oxide particle-reinforced alloys, which can not be produced by conventional casting processes. The standard heat treatment usually performed for precipitation hardening, which has also been optimized for conventional materials, must be adapted accordingly to achieve optimum material properties. Within the scope of this work, the microstructure, precipitation, and defect formation after LPBF as well as the heat treatment behavior are thoroughly investigated based on an Al-Cu-Mg-Zr alloy for the first time. The obtained findings are applied to design a novel 2618 Al-Cu alloy for LPBF and DMD, with suitable heat treatment being developed for LPBF. The alloy is characterized with respect to microstructure, precipitation formation, and mechanical properties before, during, and after heat treatment. Furthermore, by modifying elemental Al-Zr powder blends with nm-sized Al2O3, an oxide dispersion strengthened alloy is produced by LPBF and investigated in detail.