In early July 2010, as reported by 'Ural Information Bureau', the Minister of Industry and Science of the Sverdlovsk region, Alexander Petrov, said that Uralvagonzavod would soon finalize a T-95 prototype, entirely independently. Popovkin confirmed this decision in a June 2010 interview, stating that Russia would no longer fund and was not going to buy the T-95, but that Uralvagonzavod might continue to work on the tank without government support. The reason given for this was that the T-95 was already obsolete, as it had been in development for almost two decades, but some sources speculated it had more to do with the recent reduction in Russia's military budget, requiring substantial cuts across the board. Popovkin said the military would focus on modernization of the T-90 instead. The main victim was the Object 195 program.

In May 2010, deputy defense minister and chief of armaments Vladimir Popovkin announced that a number of programs for development of new armor and artillery weapons would be cancelled. The Russian government terminated its involvement in the project in May 2010 and withdrew all funding. The reasons for its cancellation have not been made public as of 2018.

The head of the Federal Service for Defence Contracts, Sergei Mayev, said the T-90 would remain the 'backbone' of Russian armor until 2025, and that T-72s and T-80s would not be modernized, but instead be phased out by 'new-generation tanks' entering service after 2010. In July 2008, the Russian government announced that the Russian armed forces would start receiving new-generation tanks superior to the T-90 after 2010. The prototype tank was announced by the Russian Minister of Defense Igor Sergeyev in 2000. Work on Object 195 was curtailed by lack of funding until 2000–2001. T-95 was a name given to the tank by media it was not an official name.

The project was first reported in 1995 It was due to be introduced in 2009, but was repeatedly delayed. The chassis derives from Object 187, but is longer. Requirements were developed from the Sovershenstvovanie-88 (Improvement-88) study. The work from Object 195 was used in Object 148, later type-classified as the T-14 Armata, which should have began production in 2016.Īround 1988, Nizhni Tagil was ordered to work on a new main battle tank. T-95 is the common informal designation of the Russian fourth-generation main battle tank internally designated as the Object 195, that was under development at Uralvagonzavod from 1988 until its cancelation in 2010.

Modern russian main battle tank