Synthesis and characterization of a flexible polymer produced from silane coupling agent (SCA) and hydroxyl terminated polybutadiene (HTPB) were performed. Mechanical properties of chemically and electrochemically prepared conducting composites synthesized from this polymer were investigated. Conductivities of the composites were also measured. Polypyrrole enhanced the mechanical properties of the chemically prepared conducting composite. Doping with iodine greatly changed the conductivity of the composite. However, the change in mechanical properties and the conductivities of the electrochemically prepared composite were not as significant when compared with the electrochemically prepared polypyrrole. Among the composites, a chemically prepared composite was highly flexible like rubber. However, the electrochemically produced composite possesses two orders of magnitude higher conductivity. Also, this composite revealed higher tensile strength and elasticity with respect to pristine polypyrrole.