The Polikarpov I-195 was Nikolai Polikarpov's last design for a biplane fighter, and was to have been a more powerful version of the I-190. That in turn had been an improved version of the I-153, the last of his biplanes to enter front line service.
The I-195 was to have been powered by the 1,500hp M-90 radial engine. It would have had an enclosed cockpit, and sesquiplane wings, with a smaller lower wing. The top speed of the new design was estimated at 367mph (590kph). It was to have been armed with two 20mm ShVAK cannons and two 12.7mm machine guns and up to 550lb of bombs. Work on the I-195 began and ended in 1940, and marked the end of Polikarpov's involvement with biplane fighters.