Six Object 950 prototypes were built in 1985 and 1986. The vehicle was manufactured at the Volgograd Tractor Factory in Volgograd, starting in 1990, the last year before the fall of the Soviet Union. While orders for several hundreds of BMD-3s were originally planned, the poor financial situation of the 1990s resulted in severe reductions of these orders.
Between 1985 and 1986, six prototypes of the Object 950 were built. Production began at the Volgograd Tractor Factory in 1990, the year before the Soviet Union's collapse.  Initial plans for hundreds of BMD-3 orders were later scaled back due to financial constraints during the 1990s.