Development of the Bionix began in 1988. It took several years before leaving the prototyping phase in 1995 and finally being commissioned on 26 March 1997. ST Automotive was awarded a S$2.5 billion (US$1.7 billion) contract in March 1997 to supply several hundred Bionix IFVs to the Singapore Armed Forces. The first production vehicles were inducted by the 42nd Battalion, Singapore Armoured Regiment in July 1999.*
