The propeller real-time model and control system were established to satisfy the calculation accuracy and real-time request by turboprop engine FADAC. According to aero-engine test data and computational properties of propeller, model foundation of the high precision real-time propeller was achieved by using the least square identification theory. Appling forward-tension control mode, the propeller rotating speed control system was designed and verified. The results indicated that the modal made a guarantee of propellers working credibility in overall conditions, met the demand of propeller control system and had good engineering application value.