Partnership for Peace played an important role in creating the multinational force which is keeping Bosnia-Herzegovina stable following the Dayton Peace Accords. The battalion's mission is to train for and carry out airborne operations anywhere within the territorial boundaries of the Republic of Austria. The battalion is equipped to be quickly deployed into any area of operations. The 3 rd company is the only high-readiness airborne company within the Austrian Armed Forces. Parachute training takes place at the Special Forces Centre at Wiener Neustadt.
All members are volunteers, with above-average physical and psychological fitness.
They are selected for courage, endurance and self-confidence. About 40 per cent of the members of 3 rd company have had experience on international missions in Cyprus, Kuwait, Albania and the Golan Heights. The Bulgarian team is from the 3 rd Mechanized Infantry Battalion, 61st Mechanized Brigade located in Karlovo, in central Bulgaria. Its role is to train army units for peacekeeping operations, and joint military exercises in the Partnership for Peace program. The Italian team is from the Laguna Serenissima Regiment, which traces its historical roots to 1202 when the Doge of Venice created units of troops to serve as marines aboard ship.