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During WWII, the M24 Chaffee light tank was officially adopted as a successor to the M3/M5 Stuart, and it certainly fit the bill: greater survivability with its low profile and sloped armor; improved performance with twin 110 hp Cadillac V8 engines and torsion bar suspension; and impressive firepower provided by the lightweight and compact 75 mm M6 cannon, a derivation of a weapon previously used on the B-25 bomber.
These improvements were borne out in the numbers: a top speed of 56.3 km/h to go along with greater off-road capability, plus the ability to defeat 60 mm of 30-degree armor plate from 915 meters. Manufacture began from April 1944, and in December of the same year it saw action in opposition to the German Ardennes Offensive; it would also go on to serve in Italy.
By the time of the surrender of Nazi Germany in May 1945 there were some 1,100 M24s deployed with units, and in the post-war years many M24s were supplied to NATO member states such as France and Italy, and also Japan and Taiwan: over twenty militaries in total. The M24 served in the Korean War, Indochina War and Vietnam War, and some militaries even kept it active until the 1990s.
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