Heavy weight of the camouflage materials was always the main problem. To solve it, the low infrared emissivity fibers with the radar absorbing property (LIFR) were prepared. The low infrared emissivity fibers (LIF) were firstly melt-spun by co-extrusion of polypropylene (PP) and PP/various fillers master-batches using general conjugate spinning. The infrared emissivity of LW with AA and ZnO was decreased respectively compared with that of pure polypropylene fibers. The infrared emissivity of LIF with 15 wt% Al and 2 wt% ZnO in the sheath-part can reach 0.58. To improve LIF radar absorbing property, LIFR was prepared by filling the 50 wt% ferrite and bronze in the core-part of LIF. The radar absorbing efficacy of LIFR was good and the infrared emissivity was low. For the characterization, fiber electron intensity instrument and differential scanning calorimetry (DSC) were used for the analysis of mechanical properties, thermal and crystallization behavior of the spun-fibers. Scanning electron microscopy (SEM) was carried out to observe the particle distribution of the bicomponent fibers.