Background
The Panzer III (Pz Kpfw III) was Germany’s first main battle tank, all previous designs being smaller so called “scout” tanks. In early 1934 the German Army, now rearming after the National Socialist (Nazi) takeover of the German national government in 1933, put in motion via the Army Weapons Department plans for a new medium tank weighing 24 tonnes and with a speed of 34 KPH. Daimler-Benz, Krupp, MAN, and Rheinmetall all submitted design proposals and produced prototypes, with Daimler-Benz being awarded a contract for production of the new tank in 1937.