The regiment perpetuated the lineage of the 941st Field Artillery Battalion and the 774th Tank Destroyer Battalion that served on the Western Front of World War II, and the previous 172nd Field Artillery Regiment of the New Hampshire National Guard.

The 941st had been formed from a battalion of the federalized 172nd Field Artillery Regiment while the 774th incorporated Battery H of the 172nd.

[1][2] The regiment was broken up on 1 December 1954 when the New Hampshire Army National Guard was restructured, eliminating its infantry units in favor of artillery.

[1][3] The heraldry of the 195th was transferred to the New Hampshire National Guard Officer Candidate School on 20 June 1997, which was expanded into the New Hampshire National Guard's RTI as the 195th RTI at Center Strafford.

[4] In 2017 the unit moved to a new headquarters in Pembroke, New Hampshire (the Edward Cross Training Complex).