Dragon's latest Panzer III represents the Panzerkampfwagen III Sd Kfz. 141/1 Ausf L "Late" production. This kit is a bit of a mix and match from earlier kits, most notably the 2010 Dragon Models 6606 PzIII Ausf N with Winterketten. It also shares a bit of pedigree with the 2011 release of the Cyber Hobby 6422 Pz III ausf L Vorpanzer which builds an "Early" version of the Ausf L.
As early as 1940, Hitler ordered the Pz III to be equipped with the 5 cm Kw.K. L60 but it wasn't until December 1941 that the weapon was finally fitted to the Pz III ausf J. The Pz III Ausf J with the extra armor (Vorpanzer) and the L60 gun evolved into the Pz III ausf L and earlier Ausf Js with these features were re-designated Ausf Ls. Production of the Ausf L ran from June to December 1942 with a total run of 653 vehicles.