“if your main parachute will fail to open, your second one will open automatically.”
( if it’s not going to open, your second one will open automatically)
The future protasis here may express quote, ‘the present predictability of the occurrence or
non-occurrence of a future situation’, unquote. ( Quirk et al)
Although referring to the future, the speaker anchors his orientation to ‘now’ with the apodosis showing the consequence of that present predictability.
If we replace the modal with the simple present in the protasis , we may have a slightly different
implication “if your main parachute fails to open’ meaning ‘as possibly occurring but with more certainty.
Honestly ? I don’t like that ‘will’ either.