Unlike the previous two games, this game features hand-to-hand combat in addition to weapons, as well as more "life-like" character designs (as opposed to the "super deformed" versions of the characters in the first two games).
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Story

The presidential candidate's child has been kidnapped by an enemy terrorist party. Top officials have asked the 2 best soldiers to secretly take action on this matter.
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Game play

While the game still uses the rotary joystick, a version exists that forgoes the rotary feature altogether.

The weapon selection is greatly reduced from prequels, and there are no player usable vehicles. Weapons are much rarer, which makes the game more focused on hand to hand combat.
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Controls
Punch: It delivers more rapid hits than kick.
Kick: It has longer range than punch.
Jump Kick
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Weapons
Knife
Machine gun: It is limited to 20 rounds.
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Item
Oil drum: It explodes when thrown to enemy.
Dynamite: It explodes after it finishes flashing.
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Stages

For the first time in the series, there are discrete stages.