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It is often required in communication and navigation systems to be able to receive signals from multiple stations simultaneously. A common practice to do this is to use multiple hardware resources; a different set of resources for each station. In this thesis, a Coherent Amplitude Modulated (AM) receiver system was developed based on Software Defined Radio (SDR) technology enabling reception of multiple signals using hardware resources needed only for one station. The receiver system architecture employs Time Division Multiplexing (TDM) to share the single hardware resource among multiple streams of data. The architecture is designed so that it can be minimally modified to support any number of stations. The Verilog Hardware Description Language (HDL) was used to capture the receiver system architecture and design. The design and architecture are initially validated using HDL post-synthesis and post-implementation simulation. In addition, the receiver system architecture and design were implemented to a Xilinx Field Programmable Gate Array (FPGA) technology prototyping board for experimental testing and final validation.