  XTE J1946+274 = GRO J1944+26 is a 15.8 s Be/X-ray pulsar discovered
simultaneously in 1998 September with the Burst and Transient Source Experiment
(BATSE) on the Compton Gamma Ray Observatory (CGRO) and the All-Sky Monitor
(ASM) on the Rossi X-ray Timing Explorer (RXTE). Here we present new results
from BATSE and {\em RXTE} including a pulse timing analysis, spectral analysis,
and evidence for an accretion disk. Our pulse timing analysis yielded an
orbital period of 169.2 days, a moderate eccentricity of 0.33, and implied a
mass function of 9.7 M_sun. We observed evidence for an accretion disk, a
correlation between measured spin-up rate and flux, which was fitted to obtain
a distance estimate of 9.5 +/- 2.9 kpc. XTE J1946+274 remained active from 1998
September - 2001 July, undergoing 13 outbursts that were not locked in orbital
phase. Comparing RXTE PCA observations from the initial bright outburst in 1998
and the last pair of outbursts in 2001, we found energy and intensity dependent
pulse profile variations in both outbursts and hardening spectra with
increasing intensity during the fainter 2001 outbursts. In 2001 July, optical
Halpha observations indicate a density perturbation appeared in the Be disk as
the X-ray outbursts ceased. We propose that the equatorial plane of the Be star
is inclined with respect to the orbital plane in this system and that this
inclination may be a factor in the unusual outburst behavior of the system.
