Just to add you should be able to pack it back in a bag.

And reuse it?

yes, parachute should be reusable.

Yay, Battlefield style infinite parachutes!

Infinite only if you pack it. It should stay on the ground after landing. If you don't do anything it disappears like it does now but only in 10 seconds. Otherwise you should have user action attached "Pack Parachute" which will create parachute bag on the ground.

Look at ACE!

@Kol9yN

Not like you could explain how the ACE system works or something.

No, you better just keep insulting BIS.

Upvoted

The ACE parachutes (At least the T-10s) turn into a sort of 2D object when you land. They could have a 3D model for Arma 3 though (ruffles in the cloth from landing). I'm pretty sure you can repack the chute into your ruck, but I'm not sure why you would want to unless you don't want to leave suspicious parachutes laying around. Anyway repacking a chute takes a while and you really don't want to be caught "with your pants down" repacking a chute. They could disappear after like 30 min so you don't have chutes all over the lawn (though it would look pretty cool).

I'd rather prefer them to stay on the floor until the end of the match or you repack it in the bag.

Suggestions for animations steps as soon as you want to repack it:
1 - Parachute bag goes on the floor
2 - Animation makes the parachute bending in some steps in the bag
(would be cool a true 3D animation, but I know I can't ask that)
3 - You actually have to re-equip the parachute bag.

I don't think it would influence game performance at all..
It would need sometime to repack it, not something you can do in 2-3 seconds, that's for sure.