A second-order accurate predictor-corrector type algorithm has been developed to obtain a time-accurate solution of the vortical wake generated by a helicopter rotor. The rotor blade flapping solution was fully integrated with the wake geometry solution using the same time-marching algorithm. The analysis was used to predict the locations of wake vortex filaments under transient flight conditions, where the rotor wake may not be periodic at the rotational frequency. Applications of this analysis include prediction of the rotor induced velocity field and blade airloads during transient flight and maneuvers. The stability of the rotor wake structure is important from the perspective of free-vortex wake models. The wake stability was examined using a linearized stability analysis, and the rotor wake was shown to be physically unstable. Therefore, the stability of the numerical algorithm is an important consideration in developing robust wake methodologies. Both the stability and accuracy of the numerical wake solutions algorithms was rigorously examined. The straight-line vortex segmentation used in the present analysis was shown to be second-order accurate. The overall numerical solution was also demonstrated to converge with a second-order accuracy. A technique for increasing the order of accuracy for high resolution solutions is also described. Along with a formal (mathematical) verification of solution accuracy, the numerical solution for the rotor wake problem was compared with experimental results for both steady-state and transient operating conditions. The steady-state wake model was shown to give good predictions of rotor wake geometry, induced inflow distribution as well as performance trends. Under transient conditions, such as those following a pitch input during a maneuver, the time-accurate wake model was shown to correctly model the dynamic response of rotor wake. In axial descent passing through the vortex ring state, the present analysis was shown to properly model the associated power losses as shown by experimental results. The present analysis was also shown to give improved predictions of wake distortions during simulated maneuvering flight with various imposed angular rates of the rotor.