The transverse properties of unidirectional metal matrix composites (MMCs) are dominated by the fiber/matrix interfacial properties, residual stresses and matrix mechanical response. In order to monitor and study, in situ, the failure of interfaces in titanium-based composites subjected to transverse loading conditions, an ultrasonic imaging technique has been developed. The interface was imaged ultrasonically and the change in ultrasonic amplitude with the transverse loading was monitored, indicating the sensitivity of the technique to fracture and deformation of interfaces. This change in amplitude has been explained in terms of the multiple reflection theory of ultrasonic waves. The multiple reflection theory enabled estimation of the interfacial deformation and debonding as a function of loading. The ultrasonic technique was also used in conjunction with finite element modeling in order to quantify the fiber/matrix interfacial transverse strength in situ in MMCs.