The covariant spectator (or Gross) equations for the bound state of th
ree identical spin-1/2 particles, in which two of the three interactin
g particles are always on shell, are developed and reduced to a form s
uitable for numerical solution. The equations are first written in ope
rator form and compared to the Bethe-Salpeter equation, then expanded
into plane wave momentum states, and finally expanded into partial wav
es using the three-body helicity formalism first introduced by Wick. I
n order to solve the equations, the two-body scattering amplitudes mus
t be boosted from the overall three-body rest frame to their individua
l two-body rest frames, and all effects which arise from these boosts,
including the Wigner rotations and rho-spin decomposition of the off-
shell particle, are treated exactly. In their final form, the equation
s reduce to a coupled set of Faddeev-like double integral equations wi
th additional channels arising from the negative rho-spin states of th
e off-shell particle.