But a way worse record when compared to the fixed-wing C-130.
Both comparisons are per 100k flight hours.
Some of that risk can possibly be mitigated with a rotating engine, but fixed wing, similar to the Bell Valor. Possibly, because AFAIK, the Valor is the only plane like this and it's just a PoC.
Not saying a parachute couldn't be designed to work, but there isn't an existing option today.