The Ar240 showed very poor handling all her lifetime with three or four different prototypes with 3 different engines and was in a "permanent correction" to get a better handling. I doubt that the Ar 240 was a promising design, it was too much destroyer and light bomber then heavy fighter or night fighter.
Rudiger Kosin, who designed the Ar 240 and the Ar 440 as well as the Jet bomber the Ar 234 talks of some of the issues that confronted the Ar 240 in an essential book he wrote called "The German Fighter".
Basically a Fuhrer order when the battle of Poland and latter France started froze the resources to the project and directed them to productivity weapons for the immediate war effort.
Due to this the Ar 240 was starved of funds and the following requirements could not be met:
1 The contra-rotating engines, which had been planed from the start to ensure stabillity around the vertical and roll axis.
They were not supplied due to the restrictions
2 It had been designed to use flow through spinners for radiator cooling, this was not supplied so the aircraft ended up with propellers spinning in the same direction instead of opposite in large extension shafts (due to the wrong gearbox) which put the spinning propellers in the wrong spot. (latter fixed when Db603 and 605 engines fitted)
3 Basically the wing profile was poorly designed.
The Ar 440 seemed to fix all of these issues, the cabin was moved forward, the tail extended, wing span increased, new wing profile used larger DB603A engines used.
Notable with the A3 440 was its speed of 660kmh (410mph) with bomb racks and 670kmh (416mph) without. This was exceptional speed, much faster than the Me 410 though unlike the Me 410 it seems to lack a bomb bay so its penetration speed with bombs 'may' have been lower (it was 360mph for the Me 410)
The speed as a night fighter would have been useful though its high wing loading would require good runways and runway length, takeoff run became a huge issue for the Luftwaffe. It may also have suffered from lack of space issues as well.
It's hard to get passed the Junkers Ju 88. The Ju 88C was the first of the fighter series, the Ju 88R added BMW 801 and the G series improved the aerodynamics (tail size).
Getting a high power engine onto the Ju 88 as quickly as possible would seem the most sensible course. The Ju 88, like most German night fighters was slowed down by the use of external gun packs. These were important in that they kept gun shock away from the avionics and more importantly protected the pilots night vision from gun flash but perhaps it might have been possible to develop a cleaner installation.
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