Paradigm Parachute And Defense Inc.

Paradigm Parachute And Defense Inc., based in Pensacola, Florida, manufactures parachute systems and components as a prime contractor (91% of recent awards) to the Department of Defense, with minority-owned and service-disabled veteran-owned business (SDVOSB) certifications and a Hispanic American ownership designation. The company competes predominantly full-and-open across its prime footprint, with no set-aside reserved awards among major contracts.

Paradigm's capability portfolio centers on cargo parachute manufacturing, extraction parachute assemblies, pilot chutes, deployment bags, parachute bridles, multi-loop lines, and parachute repair services. Recent representative prime work includes a $87.86 million five-year multiple-award IDIQ with Air Combat Command Warren (awarded April 23, 2025) for G-16 cargo parachutes and spare parts running through March 2030; a $48.57 million five-award IDIQ with Army Contracting Command (awarded March 14, 2025) for G-15 cargo parachutes, A-24 aerial cargo bags, and 110-inch diameter cargo extraction parachute assemblies through March 2030; and a $7 million single-award Blanket Purchase Agreement with Army Research, Development and Engineering Command (awarded July 29, 2024) for commercial parachute dereefing systems and associated tools. A $3.43 million delivery order under the G-16 IDIQ (April 23, 2025, TACOM Life Cycle Management Command) and a $3.65 million delivery order under the G-15 IDIQ (March 14, 2025, TACOM) exemplify near-term task order activity against these vehicles.

Customer concentration sits heavily with the Army's material command components. The top five funding agencies account for 86% of awards by count: Defense Logistics Agency Aviation leads with 34 awards valued at $15.3 million combined potential; Army Contracting Command Detroit Arsenal (3 awards, $90.4 million potential value) anchors the dollars through the G-16 IDIQ; TACOM Life Cycle Management Command (4 awards, $56.8 million potential value) places most of the G-15 and other extraction parachute orders; and the Department of the Air Force and Air Education and Training Command together account for 7 awards worth $804 thousand. The split between volume and potential value is sharp: DLA Aviation dominates award count but carries lower unit values, while Army Contracting Command's fewer awards carry massive IDIQ ceilings.

Paradigm holds parent vehicles across both Army and Air Force channels. The two $48.57 million and $87.86 million Army IDIQs represent the largest ceiling values; a $7 million Army dereefing BPA and two $250,000 DLA Aviation indefinite delivery contracts round out the lower-value vehicles. A $600,000 Air Force indefinite delivery contract for parachute repair services at Altus Air Force Base ran through September 2027 and generated two delivery orders in 2022 and 2023. A newly awarded $2.51 million Air Combat Command Warren multiple-award IDIQ (April 30, 2025) for 15-foot cargo parachutes with government testing integration extends through April 2030.

Recent activity has grown from five awards in 2022 to eighteen in 2023, then moderated to sixteen in 2024 and fourteen in 2025. Two awards are recorded in 2026 (through September 4). Sixteen awards with ultimate completion dates in the next twenty-four months carry combined potential value of $20.3 million and face recompete risk or renewal decision. Combined potential value across all 56 awards totals $170.5 million; obligated dollars stand at $36.9 million (22% of potential), indicating significant unexercised ceiling.

Paradigm subcontracts as a parachute supplier to major defense integrators. Named sub relationships include The Boeing Company (aerospace support, December 2025), Battelle Memorial Institute (Arctic Research Support and Logistics Services cargo parachutes, August 2025), Lockheed Martin Corporation (32-foot pallet development, August 2024), HII Mission Technologies Corp (aerial delivery and combat capabilities parachute kits, August 2024), and Oceaneering International Inc. (32-foot pallet material, January 2024). Sub work represents 9% of the recent award count.

Primary NAICS 339999 (All Other Miscellaneous Textile Product Mills) captures 40 awards, with secondary coding in aircraft parts manufacturing. PSC J019 (parachutes, aerial pick-up delivery recovery systems, and cargo tie-down equipment) dominates the portfolio at 44 awards, reflecting the vendor's specialized product focus.

Paradigm Parachute & Defense (PP&D) Provides high quality, precision manufactured, personnel, cargo, and deceleration parachute products to global commercial, humanitarian and government customers. PP&D will manufacture textile parachute products and equipment for the aerospace industry to include.